A global ETS would be good for everyone

Comments on Raghbendra Jha “India and the Copenhagen summit”, 4/09/2009, http://www.eastasiaforum.org/2009/09/04/india-and-the-copenhagen-summit/

If a global ETS is done on a voluntary basis and everyone has the same right to emit, I don't see any disadvantage to developing countries. To the contrary, I think it will be a good thing for both developed and developing countries, as well as the global climate.

I think if a global carbon tax and a global ETS are done on the basis of equal per capita allocation of emission rights, then it can only be a good thing to everyone.

Such a global scheme will be efficient, effective and equitable and represents the best global policy in dealing with reducing emissions.

The problem is that very few people are promoting a global ETS and a global carbon tax, due to various political reasons. It indicates a lack of leadership both at the global, international and national levels and that is a pity.