Optimistic cost of capping greenhouse emissions

Ludi · Sep 30, 2006

"By Philip Thornton, Economics Correspondent 
Published: 30 September 2006 
The cost of curbing the soaring emissions of harmful gases that are blamed for causing global warming has been estimated at $1 trillion by a major study of the cost of climate change. 
The volume of emissions of the gases that cause global warming will double by 2050 unless rich countries agree to take significant policy steps to cut energy use, it shows." <a href="http://news.independent.co.uk/environment/article1772355.ece" target="_blank">http://news.independent.co.uk/enviro...cle1772355.ece</a> 
Considering our entire way of life and economics must change, that seems an optimistic estimate.

das_nut · Oct 1, 2006

<div class="quote-container">Quote:
<div class="quote-block">Originally Posted by Ludi <a href="/forum/post/0"><img alt="View Post" class="inlineimg" src="/img/forum/go_quote.gif" style=""></a> 
The volume of emissions of the gases that cause global warming will double by 2050 unless rich countries agree to take significant policy steps to cut energy use, it shows.</div>
</div>
 
People in the US: 300 million. 
People in the EU: 450 million. 
People in India: 1 billion. 
People in China: 1 billion. 
US per Capita GDP (PPP): $41,400. 
EU per Capita GDP (PPP): $26,900. 
India per Capita GDP (PPP): $3,320. 
China per Capita GDP (PPP): $7,200. 
For each ton of CO2 the EU emits, it produces about $3,700 worth of goods. 
For each ton of CO2 the US emits, it produces about $2,100 worth of goods. 
For each ton of CO2 India emits, it produces about $614 worth of goods. 
For each ton of CO2 China emits, it produces about $525 worth of goods. 
I see a problem developing. It won't be solved by reductions only in rich countries. 
PS: In the last 50 years, the US has tripled the real GDP per capita. What will China and India do in the next 50 years?

Optimistic cost of capping greenhouse emissions

Ludi

Registered

das_nut

Registered