While rapid technological progress is our best hope for mitigating climate change, today’s living standards in rich countries threaten both catastrophic climate change and local environmental destruction. Responsible consumer choice matters as well.
China and other developing economies are instinctively wary of developed-country proposals to combine domestic carbon prices with "carbon tariffs" imposed on imported goods. But such policies may be the only way for rich-world consumers to take responsibility for their carbon footprint in other countries.