> Can we realistically take all that embodied energy that represents our current state and expect/demand that developing nations to pay the same price for carbon as we do, starting now?
It's a false dichotomy.
The US and others can share climate friendly technologies with developing countries on attractive (cheap) terms and at the same time compensate those that developed them out of tax coffers on market terms. Almost all climate related investment can be financed in the capital markets if World Bank, IMF provide guarantees to investors.
In exchange there'd be an expectation that these technologies are deployed on an accelerated timescale and in greater quantities by nations taking up this offer.
It's a false dichotomy.
The US and others can share climate friendly technologies with developing countries on attractive (cheap) terms and at the same time compensate those that developed them out of tax coffers on market terms. Almost all climate related investment can be financed in the capital markets if World Bank, IMF provide guarantees to investors.
In exchange there'd be an expectation that these technologies are deployed on an accelerated timescale and in greater quantities by nations taking up this offer.