Global Warming Status Ante Redress: 2021 Outturn and Assessment

Peter Doyle

National Institute of Economic and Social Research (NIESR) Topical Briefings, 2022, issue 7

Abstract: For the OECD bloc in 2021, 18.4 tons of emissions produced US$100,000 PPP GDP in 2017 International dollars. This compares with 18.5 tons in 2020. No progress. Worse still, this is 0.7 tons above the target for OECD for 2021. That shortfall is equivalent to a full year of typical OECD progress between 2010 and 2020, with both the US and the EU heading in the wrong direction in 2021. Only four times since 1960 have OECD outturns been this bad. The OECD sudden stop may be temporary, but it is mostly non-cyclical. If the target for the OECD is also missed for 2022, the case to introduce penalties on the most emissions-inefficient OECD countries to drive the bloc back on track will become compelling.

Date: 2022-12
References: Add references at CitEc
Citations:

Downloads: (external link)
https://niesr.ac.uk/wp-content/uploads/2022/12/Glo ... GjTTFNmmHzXaQcnltNh0

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nsr:niesrt:i:7:m:december:y:2022

Access Statistics for this article

More articles in National Institute of Economic and Social Research (NIESR) Topical Briefings from National Institute of Economic and Social Research 2 Dean Trench Street Smith Square London SW1P 3HE. Contact information at EDIRC.
Bibliographic data for series maintained by Library & Information Manager ().