Climate Agreements Fail

5. Dezember 2020 Aus Von ROCT

Since the actual legal requirements were so low, it was (relatively) easy for each country to approve this agreement. As the commitments are voluntary, the agreement does not need to be ratified by the recalcitrant U.S. Senate. Thus, for the first time, climate negotiators came from Paris with an agreement that covered every country, rich or poor. After all, everyone was on the same side. The public is increasingly involved; Millions of people took part in the global climate strikes in September. Many countries, states and provinces, cities and businesses are responding to these demands for stronger climate protection, he says. It also increases the possibility of a virtuous circle. Countries feel more confident if they are not punished for their failure. This, in turn, encourages other countries to act because they know they are not alone. And as soon as countries take action, it will become self-sufficient, as entrepreneurs and engineers will find solutions that will allow them to take further action. Countries are starting to follow wind or solar or nuclear power and find new ways to reduce costs and allow for other measures. „Citizens everywhere need to be more politically engaged and policy makers need to significantly improve their plans to combat climate change,“ he said.

Taking into account aspects such as warming thresholds, the cost of low-carbon technologies, the cost of climate damage and the idea that countries pay their „fair share“ in solving the problem, the team was able to quantify the net benefits – that`s how much the global economy had to earn in different ways. Canadian Prime Minister Justin Trudeau has always played a leadership role in the climate crisis. He argued that the Paris agreement was not strict enough. Responding to the U.S. exit from the agreement, Mr. Trudeau expressed his disappointment in a statement, vowing, „Canada is unwavering in our commitment to combating climate change and supporting clean economic growth. Canadians know that we must take decisive and collective action to address the many harsh realities of our changing climate. While several studies have attempted to estimate the economic cost of failure to mitigate climate change, few have attempted to quantify the potential economic benefit of rapid action.