If you can, set aside for a minute whether you agree or disagree with the hypotheses of the IPCC. China adds the equivalent of a 1000 megawatt coal-fired power plant to the "carbon load" every five days. India is increasing its carbon output at about 2/3 that pace. Never mind the rest of the countries playing industrial "catch up". Do you really think they're going to stop their march to industrial parity because the west decides to start punishing its own citizenry with "carbon taxes". Do you think that the Chinese and Indians work as hard to protect the environment when expanding their industry as we already do and have for a couple of decades? We could park every car, switch off every light and extinguish every fire here in the west and carbon output would still continue to grow.
The Chinese and Indian power-elite have to be giddy with what's going on in the west.