If we are really serious about reconciling everyone globally across just one generation to be net-zero carbon globally by 2040,
C&C justice without vengeance requires this whole-carbon-truth needs to be set out and agreed in advance and also adhered to.
Without this minima, all we have is aspiration, speculation, derivatives & overshoot aka the random, unchecked, unequal & chaotic
'uneconomic-growth' of wasted investments, still curving into ever greater climate-changes-and-damages & still curving towards extinction.
Touch chart below to enlarge
it (a zoomable pdf file of this is here)
An animation of these rates is here
An example of how trading debit and credit emissions could largely resolve the emissions-trading imbalance between (for the purposes of argument) the UK & Afghanistan.
At a 'carbon-price' of
(say) between $10 and $100 per tonne carbon, Afghanistan's credit is worth between $6 & 60 billion dlollars (2020/40).