News Snapshot:
Current measures of climate responsibility understate the emissions created by final demand, especially in the advanced countries. The carbon trade mechanism is ineffective Historically, today’s developed countries are responsible for nearly 80 per cent of global cumulative carbon emissions over 1850 to 2011. The climate change impacts that the world is facing today are fundamentally a result of that over-exploitation by a small group of now-rich countries, which account for only around 14 per cent of global population. However, the advanced economies have succeeded in shifting the terms of negotiation away from any notions of historic responsibility and climate debt,...
