The real obstacle to climate action
Distributional issues - not aggregate costs - are the real obstacle to the ambitious policies needed to avert possibly catastrophic climate change.
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
CLIMATE change is probably the biggest threat facing humanity today. According to the United Nations Intergovernmental Panel on Climate Change, the world must cut its carbon dioxide emissions to net zero by 2050 in order to prevent global warming of 1.5 deg C, or likely more, above pre-industrial levels in this century. The challenge calls for drastic immediate action, because the infrastructure investments that the world makes today will determine the carbon intensity of its growth path for decades.
Yet despite widespread recognition of the size and urgency of the climate challenge, emissions continue to increase, land is "under growing human pressure", and the Amazon has never been more threatened.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Beijing’s calculated silence on the Iran war
Middle East-linked energy supply shocks put Asean Power Grid back in focus
