There are many ideas floating around on how to use financial markets to stave off the worst effects of climate change. It’s worth remembering that in order to hold CO2 concentrations in the atmosphere below 450 parts per million (what scientists generally agree to be a safe target to stay below 2 degrees C), we need to decarbonize the global carbon intensity by almost 10% each year.

A levy on carbon pollution is a great idea that won’t solve this problem. Capping pollution precursors has done better.

Sir Richard Branson recently proposed a Clean Energy Dividend as a policy tool…

Aldyen Donnelly

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