Outsourcing our Carbon Emissions
By Arnold Kling
The blogger at The Oil Drum writes:
We are dealing with a large number of countries with very different energy intensities. The big issue would seem to be outsourcing of heavy manufacturing. This makes the energy intensity of the country losing the manufacturing look better. Outsourcing transfers manufacturing to a country with a much higher energy intensity, so even with the new manufacturing, its ratio can still look better (lower). It is hard to measure the overall impact of outsourcing, except by looking at world total energy intensities rather than individual country amounts.
The piece makes a number of interesting points and is hard to excerpt. Pointer from Tyler Cowen.