Climate change: there is no plan B
The lesson the world is learning the hard way from the financial crisis is that there is only one boat and we are all in it. To stay afloat, we need rules tough enough to stop systemic risks becoming systemic collapses. This lesson is as true for the environment as it is for the economy.
A key battle in the campaign to build an effective system of global rules will shortly take place in Durban, where the UN climate negotiations reopen at the end of this month. The International Energy Agency has set the scene, with the timely warning in its new World Energy Outlook that we are way off track to avoid dangerous climate change, and that the window for effective action is closing fast.… Seguir leyendo »