Great chart from the WSJ today on emissions from the largest nations. Which do you prefer: per capita, per unit of GDP, or sum total?
Growthology prefers "per capita," because that's the category where the U.S. ranks highest.
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Since CO2 stays in the atmosphere a long time, the most appropriate measure in terms of blame for climate change might actually be cumulative emissions. The UK comes out particularly strong on that one. We're just lucky the developing countries aren't insisting on that measure.
Posted by: Jacob | December 15, 2009 at 10:21 PM
It still seems to me that a simple tax on carbon emissions would be the most straightforward, although I'm not sure how that works across countries.
As for "developing" nations, perhaps give them a small discount, but nothing drastic -- say, 10% less for their carbon emissions. But we can't let India or China count as developing nations.
Posted by: Dan Weber | December 16, 2009 at 09:56 AM
It's an externality -- price it.
Posted by: Anonymous | December 16, 2009 at 04:29 PM
Actually CO2 is a fertilizer as well as a fantastic beverage enhancer. Better we have too much rather than too little.
Posted by: Obvious | December 19, 2009 at 08:15 AM
The battle of ideas is not won or lost in Congress, or even in elections, but in the long assessment of history. Just ask Qeng Ho.
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