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September 24, 2007
Is that so?
Mankiw doesn’t seem to have paid attention to the global debate about climate equity. In the long run, there is no defensible argument against allotting each of the planet’s residents the same carbon “space”.NIM, PUB and Cognitive Paternalism
Those in the business is creating an maintaining carbon sinks had better be entitled to more "carbon space" if we ever want to start equalizing emission and sequestration. I'd prefer we live in a world where your baseline entitlement of carbon emission was dictated by (total net sequestration by public sources in your country) / (Population of your country) and that the rest was dictated by the sinks you owned. If the world has sinks beyond what's available at the national level, then that amount should be split evenly. But you simply have to receive credits for the sinks you own or any serious solution is toast.
Posted by OneEyedMan at September 24, 2007 12:00 PM
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