On the one hand, it's carbon pricing ++, but I think it's quite a holistic way of looking at the matter, since it's also trying to consider the multitude of other ways that poor stewardship of the natural world ultimately impacts the survivability of the planet, in terms of things like over-fishing, deforestation leading to soil erosion, irresponsible pesticide use leading to monocultures, etc etc.
* https://www.icos-cp.eu/science-and-impact/global-carbon-budg...
Corporations promoted offshoring/outsourcing specifically to move their most pollutant/dangerous processes to the developing world — out of reach from the threat of western democracy and it’s environmental/labor regulations.
Using per capita production is a whataboutism psychological warfare tactic to derail climate/emissions discussions and point the finger at China etc, even though the developed world has always been responsible for the majority of the demand, and “embodied” energy/emissions.
Carbon intensity of GDP vary wildly across place and time [1].
[1] https://ourworldindata.org/grapher/co2-intensity?time=1839