From William Ripple, a professor of ecology at Oregon State University. There is just too much money to be made in fossil fuels (~ $100T?).
This doesn't prove climate pacts and accords and conferences have done nothing -- we'd need to see the same curve but without them. But it's not encouraging in the least.
2 comments:
There needs to be a trade treaty that accounts for the price of carbon. Allotted according to per-capita emissions. This would allow the market to resolve the issue. To remain competitive, countries would need to manage their emissions.
This is starting to be discussed, so there is hope: https://www.csis.org/analysis/eu-and-us-cooperation-climate-clubs-and-related-trade-measures
Layzej: would that be equal per-capita emission rights? (I hope so, but hard to see the advanced countries agreeing to that.)
Thanks for the link.
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