Book Blog
Excerpts from the book ‘CLIMATE CHANGE and the road to NET-ZERO’ covering the science, technology, economics, and politics of climate change.
by Mathew Hampshire-Waugh
Attribution, Participation, and Collective Action
Understanding and attributing the impacts of climate change to support collective action and a least cost solution. The iterative prisoner’s dilemma and how the world is overcoming self-interest.
Inequality and Climate Justice
The richest 10% of countries emit 30% of CO2 and take home 50% of global income today. They are also responsible for over 50% of all past emissions and hold 80% of the world’s accumulated wealth. Climate Justice is about how we balance the responsibility for past, present, and future emissions whilst driving a rapid transition to net-zero.
The Tragedy of the Commons
Externalities, hyperbolic discounting, lack of information, status quo bias, lock-in, and the renter-tenant dilemma. Just some of the market failures slowing progress towards net-zero.