Profit pool
As part of the research I did when writing my post on ecological protectionism, I read a report of the Boston Consulting Group (BCG) on the EU carbon tax. This report introduced the interesting concept of the ‘profit pool’.
Ecological protectionism
When we want to stay in the doughnut, we need to mitigate climate change and the overshoot in the other eight elements of the ecological ceiling. Countries can take measures by themselves, but when others do not put in the same effort, this is likely not enough.