With CAIT WRI data for those countries which submitted quantifiable CO2 emission caps under the Copenhagen Agreement, this note supports the existence of a long run relationship between CO2 emissions and GDP in 11 of the 26 countries in our sample over the period 1980-2008. However, the...

With CAIT WRI data for those countries which submitted quantifiable CO2 emission caps under the Copenhagen Agreement, this note supports the existence of a long run relationship between CO2 emissions and GDP in 11 of the 26 countries in our sample over the period 1980-2008. However, the...

This study shows that neither decoupling CO2 emissions from production, consumption and GDP, nor reducing emission intensity is good per se. Instead of analyzing decoupling cases, it proposes two orderings: one that balances economy and carbon emissions and, if there is conflict, prioritizes GDP...