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Unwittingly David Pearce et al revealed the 'Inequivalence Paradox'
The image below shows the international pattern of carbon efficiency & inefficiency using
PPP or 'Purchasing Power Parity' adjusted dollars.
Overall the pattern shown turns 'neo-classical-economics' on its head as the analysis clearly shows
the Inequivalence Paradox where: -
- Low income per capita with low carbon impact per capita is at high efficiency values &
- High income per capita with high carbon impact per capita is at low efficiency values.
![](http://www.gci.org.uk/images/Efficient_Inefficient.png)
This is born out clearly in this international comparison for all countries in 1990.
Imagine if rights were inversely proportional to impact rather proportional to income.
![](http://www.gci.org.uk/images/Efficiency.png)