Economic Pathways: A New Approach to Climate Policy


credit:

If we want to avoid the worst of climate change, we're going to have to get rid of fossil fuels fast, according to a group of economists.

In a paper published Wednesday in the journal Nature Climate Change, the economists present a series of scenarios that would see global emissions fall by 30% by 2030 and 50% by 2050 if we put a price on carbon and invest in clean energy, the Guardian reports.

They say that if we don't put a price on carbon, fossil fuels will continue to be in demand and emissions will continue to rise.

"If we don't put a price on carbon, then fossil fuels will continue to be in demand and emissions will continue to rise," says study co-author Stefan Withagen, a professor of economics at the University of Tuebingen in Germany.

"That's why it's so important to put a price on carbon," he tells the Guardian.

"If you don't put a price on carbon, then you don't know what you're going to do."

The economists say that if we don't put a price on carbon, fossil fuels will continue to be in demand and emissions will continue to rise.

They say that if we don't put a price on carbon

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