They are effectively Offshoring their CO2 production along with their jobs. So the Global network CO2 production is the same.
Its not the same. Its WORSE! China, India and other 3rd world countries are not as efficient and do not have the environmental standards first world countries like Germany (or the US) do. They will emit more pollution of all kinds to produce the same goods. Since there is only one atmosphere and thus a pollutant pumped into the atmosphere over China does as much harm as the same amount pumped into the atmosphere over Germany it was a fool's errand from the start.
Not only that, western countries are still using the same amount of steel, plastics, etc they always did. Their consumption has not changed. All they've done is push production - including tax revenue, jobs, economic and military security - out so they can falsely "feel" as though they're being virtuous...which they're not doing anyway because now there's more pollution for the same amount of goods. That's how idiotic this is.
Those who vote for or advocate for this crap should be forced to pay the price first. Make THEM pay more for everything first. Otherwise their votes for these policies should be null and void. We all know these Eco Socialist Gaia Worshipers always insist on not being subject to the consequences of their own actions......