Present attempts to reduce carbon emissions are falling behind. According to the Global Carbon Project, emissions are actually speeding up, moving more quickly to dangerous levels than the International Panel on Climate Change had predicted.
It is striking that the GCP drew its data on the fossil-fuel element in greenhouse-gas emissions from the multinational oil corporation BP p.l.c. – hardly an anti-business source – as well as from the United Nations Statistical Office. “Anthropogenic” carbon-dioxide emissions, that is, those caused by us human beings, have grown four times faster in the third millennium than in the 1990s.
Global warming is indeed a global threat; countries that are already rich, countries that are becoming rich and countries that only hope to prosper all need to take part in reversing these trends. China has surpassed the United States as the largest source of greenhouse-gas emissions, and India has moved into third place, ahead of Russia.