Krugman's Empire of Carbon

Last week, Paul Krugman wrote about the Chinese Empire of Carbon. The article speaks for itself and it presents the difficult position the world faces, not only with China, but the billions of other people in developing countries. Everybody wants a better standard of living but nobody wants the constraints imposed by the environment. In the developed wordl, nobody wants to sacrifice what they already have. These positions need to be reconciled before any progress can be made.