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What Are the Gains from the Paris Climate Accord?
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What Are the Gains from the Paris Climate Accord?

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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Big strides were made in the effort to combat climate change at last week’s United Nations Climate Change Conference in Paris. The 195 nations that gathered at the summit bridged the gap between developed and developing countries on the subject. The business community and investors threw in their support — with checkbooks — for the first time, pledging to back climate friendly technologies. The political and business leaders at the conference agreed that the threats highlighted by climate science were real. Next, they agreed that they need to collectively chip in by curbing emissions with specific targets and performance monitoring. In particular, they agreed that they need to make fossil fuels unviable with a carbon tax and by developing cheaper energy alternatives.…

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