"Carbon pricing is key to reach net zero GHG emissions - there is no other way to reach that target, the price needs to remain on a high level"
Okay @PIK_Climate, but do you suggest imposing it without democratic consent?
nature.com/articles/s4146…
PDF: nature.com/articles/s4146…
Okay @PIK_Climate, but do you suggest imposing it without democratic consent?
nature.com/articles/s4146…
PDF: nature.com/articles/s4146…
It's a great insight you provide but you shy away from suggesting pathways to enable a true mandate. Instead, CO2 "polluter pay" doctrines have NOT worked because they favour polluter INCUMBENTS and not innovation. So now think "Porter Model". Yes?
Second, they have kept carbon at a low price to resist building price inflation feared by economists and politicians who speak a good game but are terrified of a candid discussion with their voter base. So it's being farmed out to oligarchs who will find a way to profit anyhow
And the populace will get charged anyhow but without democratic mandate
Consider: $131tn is needed for #ClimateAction energy transformation. Total Global wealth is only $330tn
...So are we to do that without democratic transparency @JStrefler @GunnarLuderer @RobertPietzcker? 🧐
Consider: $131tn is needed for #ClimateAction energy transformation. Total Global wealth is only $330tn
...So are we to do that without democratic transparency @JStrefler @GunnarLuderer @RobertPietzcker? 🧐
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