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IntroductionIf every person in the world consumed no more than 2000 Watt futureenergy demands could be met the environmental impact mitigated andhunger and poverty significantly reduced without lowering standards ofliving However while the figure in the United States is nearlyquintuple one in five people still do not have access to electricityTherefore universal access to modern energy and sustainable lifestyleshave to be achieved and energy efficiency and the global share ofrenewables doubled In this essay I argue that a universallyacknowledged agency can effectively reach these goals by enforcing aglobal emissions cap on developed countries while quickly increasingand monitoring energy efficiency in the developing world and supportinggovernments through highly customized incentive- driven policyrecommendations and big data analytics which leave much of the finaldecision-making and implementation to rational individuals andbusinesses Due to the markedly different approaches to regulation indeveloped and developing countries I will first outline a policy forthe former before elaborating on how the poor can be empowered byinnovative and scalable technology rather than charity or firmssupported by the scheme 1Global levelMandatory Global Emission Taxation SchemeIn order to facilitate the transition to a unified global climateregime a central independent agency hereafter referred to asGEA headquartered in symbolically low-lying Dhaka Bangladesh iscreated Legitimized by all nations it determines transparently once ayear through the Annual Global Emissions Reduction Survey AGERSamong 800 climate scientists a gradually lower global emission cap fordeveloped countries This is absolutely crucial as less stringentpolicies likely to be adapted in times of economic crisis come withextraorbitant costs for future generations Hence governments areforced to cooperate to stay within the set constraint according to apaper by Jacqueline Morgan and Fabien Prieur all parties involved willbenefit provided that the right limit is chosen In order not tohinder economic growth development and ultimately poverty reduction indeveloping countries they will first be required to widely implementmetering infrastructure and significantly lower the energy intensity ofoutput before they have to start cutting
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