Analysis by country of fossil fuel burning-based Carbon Debt and Carbon Credit

Green Blog

Fossil fuel burning yielding the greenhouse gas (GHG) carbon dioxide (CO2) is a major component of man-made global warming. In relation to carbon pollution from the burning of fossil fuels, Net Carbon Debt is equal to the Historical Carbon Debt (from fossil fuel burning since the start of the Industrial Revolution in circa 1750) minus the Carbon Credit (the residual carbon pollution from fossil fuel burning permitted between now and zero emissions in 2050).

Shocking analysis by country of years left to zero emissions

Green Blog

Unfortunately Australia (through disproportionately huge annual fossil fuel burning and exports) and Belize (through disproportionately huge annual deforestation) have already used up their “share” of this terminal greenhouse gas (GHG) budget. Thus, the era of an economy driven by fossil fuels will definitely have to come to an end within the first half of this century” (see WBGU, “ Solving the climate dilemma: the budget approach ”).