How does the hockey stick of prosperity correlate with the hockey stick of CO2 emissions
This prosperity comes at a price, but one that is not accounted for in traditional economic practice. Specifically, air, water and other natural inputs are considered to be "unlimited" in supply, hence are assigned no cost. But we know that not to be the case - witness the consequences of not assigning a price to CO2.
Gurrie Rhoads commented
People are always conscious of the environmental cost of industrial and commercial progress. Often they turn to government for reasonable controls, and well they should if smoke and waste products are (properly) viewed as acts of trespass against one's person or property. As often as not, however, governmental power is over-used (as in zoning laws) or under-used (as in protecton of local polluters who may be backers of local politicians or employers of local labor).