nations held theirs steady, the world would still miss its 2050 target. With great
effort, today's rich countries might be able to cut their emissions to 80 percent of
1990 levels by midcentury -- a goal endorsed by the G-8 at its 2009 summit -- but
even that will be very hard. Developing countries, in some cases with Western
financial or technological support, will need to make up the substantial difference.
To many governments, midcentury goals may seem far away, a perception that
encourages them to delay cutting emissions and place their bets instead on the
development of breakthrough technologies, which many claim will slash emissions
at little cost. Others insist that the developed world can move first and wait a
decade or two for developing countries to follow. Yet given the glacial pace at
which global energy systems change, 2050 might as well be tomorrow. Most of the
buildings, power plants, and industrial facilities built in the next decade will
probably still be around several decades hence. Cutting emissions in 2050 thus
requires changing global infrastructure investments today. Moreover, most
innovation in energy technology will not happen in an inventor's garage. Most of
the necessary innovation and cost cutting will come only as engineers and firms
deploy clean-energy systems on a large scale and learn real-world lessons about
which technologies and business models work. It will not be possible to make
cheap emissions cuts in 2050 unless the world makes large-scale changes in
investment patterns now. These decisions have clear near-term economic, and
hence political, implications.
The European Union, Japan, and the United States have each proposed cutting
their emissions by about 15 percent from 2005 levels by 2020, although each
defines its objectives differently. These objectives are unlikely to change
significantly, and although some are weaker than they should be, they provide a
realistic starting point for action. Yet similar goals for the world's other big
emitters -- Brazil, China, India, Indonesia, and Russia -- would be unreasonable.
China, India, and Indonesia have per capita GDPs that are less than a tenth that of
the United States; Brazil and Russia are richer but still lag far behind the United
States. As these countries develop and bring people out of poverty, their emissions
will naturally rise -- and they should not be penalized for economic growth.
That said, failure to get these countries' emissions under control would be
disastrous -- and a missed opportunity. China and India are making massive
infrastructure investments that could be steered in a cleaner direction. Russia is
more developed, but with one of the world's most inefficient economies, it, too, has
room to cut emissions. Insufficient action in China, India, and Russia would also
make it impossible to sustain domestic political support for U.S. efforts.
The goal for these three countries should be to deliver cuts in emissions intensity --
emissions per unit of GDP -- roughly equivalent to those the United States and
Europe hope to achieve, aided where appropriate by Western financial and
technological help. Under such a plan, emissions growth in China, India, and
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