The planet's existing energy choices and habits will lead to an enormous buildup of greenhouse gases, particularly
as large developing countries industrialize.
As John Hussman recently pointed out, the correlation between GDP growth in
most large developed countries and the US is high - typically between 70 and 90 %.
The
only large developing country where I have seen interdisciplinary cooperation and good links between social and engineering / physical sciences is Brasil, with amazing results in their analytical and policy approaches to energy and electricity, clean air, CO2, transport, etc..
These five
large developing countries account for approximately 23 % of greenhouse gas (GHG) emissions worldwide, and approximately two - thirds of emissions from non-Annex I countries, and the UK is one of the few Annex I countries that has kept its emissions from increasing above the 1990 levels.
Some analysts believe that this will continue to drive the price of palladium higher, as China and
other large developing countries are stepping up the fight against air pollution.
Last year, Chinese Premier Li Keqiang said that as the world's
largest developing country, China is primed to restructure and upgrade its economy, and could utilize foreign talent to do so.
Using daily, weekly and monthly return data for the stock markets of the seven
largest developed countries (G7), the largest emerging markets (BRIC), Australia and Switzerland and spot gold prices from the beginning of March 1979 to the beginning of March 2009, the authors conclude that:
«His characterization is that you can not not blame
a large developing country for doing what they have to do,» Tillerson said.
That makes Mexico one of
the largest developing countries to issue such a proposal.
But
large developing countries, including China, India, and Brazil, blocked action at the 2009 and 2010 meetings of the protocol's signatories, arguing that the timeline to cut HFCs was too rapid.
Many American lawmakers have demanded that concrete steps be taken by
the large developing countries before they approve domestic climate legislation or a new treaty.
At the same time, some of
the largest developing countries sent strong signals that they were willing to accept outside auditing, in essence, of their efforts to curb the growth in greenhouse gas emissions.
For the other aspect, its international responsibility, my understanding is China will take its responsibilities as
a large developing country, but certainly subject to its capabilities, also on an equitable basis.
He notes that China is
a large developing country with less sophisticated emissions accounting systems compared to industrialized nations like the U.S. and European Union.
As a result, consumers in
these large developing countries are more motivated to do something about it.