ABSTRACT

Businessmen in Australia, Japan and the USA have been lobbying politicians that the climate treaty will hurt their businesses and lead to job losses, which will reduce politicians’ chances for re-election. Therefore, they argue that action to combat climate change should be universal to ensure that it does not materially damage their businesses. They argue, with some justification, that jobs will simply go overseas to less developed countries (LDCs) who will produce the goods now made in the West, but with probably more pollution.