Abstract:
The autumn saw catastrophic floods in Spain and Hurricanes Helene and Milton in the US, and the importance of moving to net-zero greenhouse gas (GHG) emissions is stark. Past and current emissions are increasing temperatures, raising sea levels, leading to more droughts and floods, and affecting nature, biodiversity, and economies. Despite public scepticism and considerable uncertainty around effective climate actions, recent economic research has highlighted success stories of decarbonisation, providing a clearer picture of how to achieve emission targets (Castle and Hendry 2024a, b; Stechemesser et al. 2024).
Citation:
Castle, J.L., Mark, E., Hendry, D.F., Schwarz, M. & Pretis, F. (2025), 'Net zero: Strategy and tactics', Royal Economic Society Newsletter, January 2025.