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Should countries honour their climate debts?
http://www.concordia.ca/news/media-relations/news/media-relations/news-releases/cunews/main/releases/2015/09/08/should-countrieshonourtheirclimatedebts.html[font face=Serif][font size=5]Should countries honour their climate debts?[/font]
[font size=4]Concordia researcher shows which countries are most responsible for the cost of environmental damages from global warming — and the billions of dollars they could be owing[/font]
[font size=3]Montreal, September 8, 2015 — All countries have contributed to recent climate change, but some much more so than others. Those that have contributed more than their fair share have accumulated a climate debt, owed to countries that have contributed less to historical warming.
This is the implication of a new study published in Nature Climate Change, in which Concordia University researcher Damon Matthews shows how national carbon and climate debts could be used to decide who should pay for the global costs of climate mitigation and damages.
The countries that have accumulated the largest carbon debts on account of higher than average per-capita carbon dioxide (CO₂ ) emissions are the United States, Russia, Japan, Germany, Canada, the United Kingdom and Australia.
The U.S. alone carries 40 per cent of the cumulative world debt, while Canada carries about four per cent. On the other side, the carbon creditors — those whose share of CO₂ emissions has been smaller than their share of world population — are India, Indonesia, Bangladesh, Pakistan, Nigeria, Brazil and China, with India holding 30 per cent of the total world credit.
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[font size=4]Concordia researcher shows which countries are most responsible for the cost of environmental damages from global warming — and the billions of dollars they could be owing[/font]
[font size=3]Montreal, September 8, 2015 — All countries have contributed to recent climate change, but some much more so than others. Those that have contributed more than their fair share have accumulated a climate debt, owed to countries that have contributed less to historical warming.
This is the implication of a new study published in Nature Climate Change, in which Concordia University researcher Damon Matthews shows how national carbon and climate debts could be used to decide who should pay for the global costs of climate mitigation and damages.
The countries that have accumulated the largest carbon debts on account of higher than average per-capita carbon dioxide (CO₂ ) emissions are the United States, Russia, Japan, Germany, Canada, the United Kingdom and Australia.
The U.S. alone carries 40 per cent of the cumulative world debt, while Canada carries about four per cent. On the other side, the carbon creditors — those whose share of CO₂ emissions has been smaller than their share of world population — are India, Indonesia, Bangladesh, Pakistan, Nigeria, Brazil and China, with India holding 30 per cent of the total world credit.
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