Thursday, July 6, 2017

A new approach to emissions trading in a post-Paris climate.

Despite the US withdrawal from the 2015 Paris Agreement on climate change, other countries, including New Zealand, remain committed to cutting their greenhouse gas emissions.

Climate teams: if countries pooled resources,
they could support a low-emission transformation.
In our report, we explore how New Zealand, a trailblazer for emissions trading, might drive a low-emission transformation, both at home and overseas.

Emitting greenhouse gases is a lot like overflowing a bathtub. Even a slow trickle will eventually flood the room.

The Paris Agreement gives all countries a common destination: net zero emissions during the second half of the century. It is also an acknowledgement that the world has only a short time to turn the tide on emissions and limit global temperature rise to below two degrees. The sooner we turn down the tap, the more time we have for developing solutions.

Read the piece on The Conversation by an  Adjunct Professor with the School of Government at the Victoria University of Wellington, Suzi Kerr - “A new approach to emissions trading in a post-Paris climate.

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