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Almost 12 years after the signing of the Montreal Protocol, developing
countries are joining the rich nations and phasing out their production of
ozone-destroying chemicals. Developed countries have already stopped making CFCs
and are contributing to a fund to help the rest of the world follow suit. The
biggest beneficiary of that fund, to the tune of about $150 million, will
be China, which spent the 1990s turning itself into the world’s largest producer
of CFCs and other ozone destroyers.