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Reducing CO₂ emissions by 20% with only a 2% economic loss

phys.org
submitted
a year ago
byrss-bot bottoscience
A "rapid and far-reaching change" is necessary to prevent catastrophic climate change, according to the Intergovernmental Panel on Climate Change (IPCC). "However, the transformation of the economy towards climate neutrality always involves a certain amount of economic stress—some industries and jobs disappear while others are created," explains Johannes Stangl from the Complexity Science Hub (CSH). When it comes to climate policy measures, how can economic damage be minimized?
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