A Portfolio Of Policies To Beat Climate Change
We Have A Decade To Prevent Dangerous Climate Change: These 10 Policies Can Limit Warming To 2°C
Silvio Marcacci, November 1, 2018 (Forbes)
“The world’s scientists estimate we have a decade to reduce global greenhouse gas emissions, prevent dangerous levels of global warming beyond 2° Celsius, and avoid the worst impacts of climate change…[T]here’s no single silver bullet solution…[but] 10 policies applied to the 20 largest-emitting nations, can meet the 2°C target…[N]early 75% of global greenhouse gas emissions are generated by just 20 countries . Energy use (power plants, vehicles, and buildings) or industrial processes (cement or iron and steel manufacturing) is the predominant source of emissions in these countries, so focusing efforts accordingly can drive the fastest emission reductions…
…[Paris Agreement commitments from 189] countries still cover more than 80% of the world’s current emissions – without counting pledges from U.S. states, cities, and businesses to meet the Paris goals…[ A portfolio of policies including these four policy types is the most effective, lowest-cost way to drive down GHG emissions.] Performance standards improve new equipment and help capture savings that economic signals cannot because of market barriers. Economic signals can be highly efficient and encourage the uptake of more efficient equipment…Research & development (R&D) and supporting policies lower the costs of performance standards and economic signals by pushing new technologies to market and lowering the costs of existing technologies by removing deployment market barriers…” click here for more
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