Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer
Green Car Congress
DECEMBER 20, 2009
Unfortunately, this conference focused primarily on setting a cap on carbon emissions and providing financial aid to developing countries to build capacities to adapt to the negative impacts of climate change. According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9% Scenario No. 2: Joint Venture (JV).
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