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Project Syndicate: A carbon zero economy is easily within reach

BEIJING (Project Syndicate) — When the Paris climate agreement was concluded in December 2015, almost all the world’s countries committed to limit global warming to well below 2° Celsius relative to pre-industrial levels, and have submitted “Intended Nationally Determined Contributions” (INDCs) describing how they will either contain or reduce emissions over the next decade.

Global investment in renewable power now far exceeds investment in fossil-fuel plants; battery costs are falling, and electric vehicle sales rising; and even in President Donald Trump’s America, coal-fired power stations continue to close.

Getting to net-zero carbon emissions in just four decades is both necessary and a huge challenge.

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