[CliffFletcher]

The Economist just did a feature on the astonishing price of trying to meet zero emissions growth in the developing world.

The choice between a poorer today and a hotter tomorrow

…In 2000 the developing world, excluding China, accounted for less than 30% of annual carbon emissions. By 2030 it will account for the majority. The Grantham Institute, a think-tank at the London School of Economics, estimates that at this point poor countries will need to spend $2.8trn a year in order to reduce emissions and protect their economies against climate change…

Researchers at the imf who have analysed data from 72 developing countries since 1990 find that there is an unfortunate pattern: a 1% rise in annual gdp is on average followed by a 0.7% rise in emissions...

To reach net-zero emissions by 2050, the International Energy Agency, an official forecaster, reckons developing countries would have to spend at least $300bn on renewable grids until 2030, five times their current outgoings.

https://www.economist.com/finance-an...otter-tomorrow