Europe’s plan for climate change
I penned some thoughts in this week’s Exponential View on the EU’s new plans to handling climate change. Sharing it here.
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?? The?EU’s Fit for 55 plans ?to decarbonise the bloc are a milestone, just as Germany and Belgium real under killer floods likely exacerbated by climate change. (Good read on the floods in?The Economist .)
We are at a pivotal moment in the world’s response to the climate and biodiversity emergencies and we are the last generation that can still act in time. This decade is a make-or-break moment.
The proposal is interesting and wide-ranging, talking about the importance of nature (beyond climate change) and the need for a systemic and interconnected, approach to tackling the issue. (Kees van Der Leun?has a good tweetstorm with an overview.)
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This is - could be a trigger - what I like about the proposals are that they are broad in scope and?systemic. They do not simply rest on an assumption of technological progress (though we will need that too.)
These proposals don’t talk about whether current levels of welfare and consumption are simply too high. They explicitly call out ideas of the circular economy (important) but not whether consumption levels just need to diminish. One limitation is that these proposals look like the EU doing its bit and not more. As a rich, powerful bloc with a population perhaps more willing to decarbonise than other major economies, perhaps the EU needs to go further than simply fulfilling its obligations under the Paris Agreement.
Elsewhere: China launched a carbon market but the price of credits at about $7.42 a ton are far too low (they trade closer to eight times that in Europe.)?Read more here.
The full edition of this week’s newsletter is available here .
Consultant and writer(social and scientific)
2 年climate change can destroy life singly.all of countries /industrial specially /should consider it and prevent from its intensify.
Chief Executive Officer | Bsc in Computer Science
3 年As for me i sees AI the only way to solve this problem we are facing, I’m putting my theory together to see. I believe the precipitation of the clouds needs to be re calculated and this can be achieved is we control these elements that are causing these problems
Top Voice in AI | CIO at TetraNoodle | Proven & Personalized Business Growth With AI | AI keynote speaker | 4x patents in AI/ML | 2x author | Travel lover ??
3 年Climate change is the biggest threat to the future at the moment. We need to solve climate change, pollution, and other environment-saving issues. We need to keep the world safe for the next generation. There are many reasons behind climate change, but we need to work together to build a better world. We should all play our role in ensuring that we combat climate change and ensure sustainability. Thanks for sharing. Azeem Azhar
Portfolio Manager and Biotech Podcast Host
3 年Climate change is the greatest threat facing humanity today. Many people believe that there is nothing we can do to combat climate change, but we are the generation that should start to make a difference. While climate change is a disaster across the globe, we should start tackling it at home.?From changing our bulbs to more efficient ones to ensuring that we purchase on from organizations that are committed to the green economy. Azeem Azhar Thanks for sharing.
9xauto inc. 9xauto.com
3 年The solution is simple. Monetize carbon emission credit for individuals people so they can be sold, bought and traded freely. Create wide itemized price list of what changes in housing driving or the industry will create this credit. Encourage the creation of environmentally friendly companies in the business of recycling, forestation, ocean cleaning and etc which can sell their emission credit.