Payment Plan for Climate-Change Costs Proposed by Institute

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The U.S., China and wealthy nations should bear the costs for curbing carbon-dioxide emissions worldwide in proportion to the income and air pollution they generate, the Stockholm Environment Institute proposed.

The environmental advocate, with centers in Sweden, Britain and the U.S., is attempting to break a deadlock in international talks for a new global treaty to reduce greenhouse-gas output, said Sivan Kartha, the institute’s energy director. Kartha, co- author of a study on the issue, presented the proposal with partner group EcoEquity in Berlin today.



The growth of climate-warming gases in coming decades will mostly originate in developing countries trying to spur economic growth and reduce poverty by boosting energy use, Kartha said. Any agreement that doesn’t address that reality is destined to fail, he added. Power plants, refineries and vehicles together are the main source of manmade CO2.

“Developing countries’ emissions are the real challenge to climate change,” said Kartha. “And most poverty results from a lack of access to energy services. Traditionally, that has been addressed by fossil fuels,” which add CO2 to the atmosphere.

Bloomberg