… The average G7 leader, to say nothing of the average G7 citizen, may be under the impression that this confab, with Canada sat in the seventh seat, is the club of the world’s most powerful countries and a kind of alternative global government. It isn’t. The G7 speaks for only a fraction of the Earth’s population. It also accounts for well under half the world’s economic output, a share that is steadily falling.
And when it comes to greenhouse gases, the G7′s contribution is surprisingly small. Small, and shrinking.
