Thus, over the same period, production emissions fell by 12% in the US and Japan, and by nearly 22% in Germany. Changes in international trade and investment with “globalisation” have seen many rich countries shift GHG-intensive production to developing countries. Thus, the US had eight times more per capita GHG production emissions than India in 2019. With high GHG-emitting products increasingly made in developing countries, rich countries have effectively “exported” their emissions. Consuming such imports, rich economies are still responsible for related GHG emissions.

Source: The Edge Markets December 17, 2022 10:28 UTC