Following the release of a major climate report last year, U.N. Secretary-General António Guterres warned that the “climate time bomb” was ticking. Standing behind a podium emblazoned with the United Nations symbol of a globe encircled by olive branches, Guterres declared, “Our world needs climate action on all fronts — everything, everywhere, all at once.”
That call to action (possibly inspired by the movie of the same name) turns out to be a decent summary of what it takes to tackle rising carbon emissions. According to a new study out Thursday in the journal Science, countries have managed to slash emissions by putting a price on carbon, but the biggest cuts came from adopting a combination of policies. Seventy percent of the instances where countries saw big results were tied to multiple actions that generated “synergy.”
“There really isn’t a silver bullet,” said Felix Pretis, a co-author of the study and an economics professor at the University of Victoria in British Columbia, Canada. “That goes a bit against the conventional wisdom that economists have... Read more