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Who is responsible for climate change?
Calculating the cumulative cost of carbon dioxide emissions gives new insights into the question of who is responsible for climate change. One of the major reasons for the failure of the 2009 Climate Convention Conference in Copenhagen was the issue of carbon debt. Developed countries called for emission reductions in developing countries, while the latter use the former’s historical emissions, their carbon debt, as a reason for inaction. An article recently published in Scandinavian Economic…
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