China's massive reliance on coal to meet its energy needs is turning the country into an environmental deathtrap, said Chip Jacobs, author of 'The People's Republic of Chemicals'. Jacobs added that the country has an 'ancient love affair' with coal power that it cannot break. He said President Obama can pressure the Chinese to improve their environmental practices through the WTO, adding that the Clinton administration was not strict enough when it let China into the organization. Finally, Jacobs said China is losing 1.2 million citizens a year as a result of outdoor air pollution and that is unsustainable.

More from Video

Wall Street Is Probably Too Optimistic on Stocks, Sell Now

Wall Street Is Probably Too Optimistic on Stocks, Sell Now

Cramer: PayPal Offers Much More Opportunity Than Square

Cramer: PayPal Offers Much More Opportunity Than Square

Cramer: Microsoft Has a Good Story, but it also has a Valuation Issue

Cramer: Microsoft Has a Good Story, but it also has a Valuation Issue

David Axelrod: How The Election Map Will Play A Role in Midterms

David Axelrod: How The Election Map Will Play A Role in Midterms

Cramer: One of Our Proudest Moments was Selling Kraft

Cramer: One of Our Proudest Moments was Selling Kraft