Climate: delaying the inevitable

But the IPCC is not intended to recommend political choices: it sounds the alarm without providing the solutions to the problem. It never takes sides on possible measures. At most, it mentions that a carbon price can reduce CO2 emissions, and that it is set too low.

There is no mention on the possibility of interconnecting the emissions markets of different countries (leading to the financing of developing countries' efforts by developed countries) or on the relevance for a club of virtuous countries of a carbon tax at the borders, as currently considered by the European Union - which would potentially have a knock-on effect for the rest of the world...

Full article in Les Echos, published on March 30, 2023
Illustration : Photo by Justin Wilkens on Unsplash