Club Convergence of Economies' Per Capita Carbon Emissions: Evidence from Countries That Proposed Carbon Neutrality.

Specifically, there is a wide variation in the characteristics of the countries in Club 1, which mainly include countries with large total emissions, such as the United States; countries with high GDP per capita, such as Estonia and Iceland; and energy producing countries, such as Saudi Arabia, which are in Club 1 because their PCCEs are much larger than the steady-state average and do not exhibit a decreasing trend.

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