The Paris Agreement is set to come into effect from the year 2020. With this, the issue of emission sharing responsibility has gained momentum. This paper discusses the future emission allowances of various countries based on different sharing principles. Twelve countries from six continents were chosen for observation based on attributes such as past emissions, extent of development, and population. The aim was to find the implication of different sharing principles in future emission quota of a diverse range of countries. Four different budgeting periods were employed for increased certainty. Future cumulative and per capita emission allowances were estimated. The results prove that longer budgeting periods are more advantageous for developed countries while shorter budgeting periods favor developing countries more. The study brings forth some new developments in emission distribution research, primarily concerned with the low emitting countries. Overall, the study contributes to the field of emission sharing science to meet global climate targets.