Carbon Pricing Drives Critical Transition to Green Growth

Carbon pricing drives critical transition to green growth

Carbon pricing is a crucial tool in the efforts to address and mitigate climate change. In 2014, only 12% of carbon emissions fell under carbon pricing at USD7 per tonne; now, about 23% of greenhouse gas emissions are priced at USD32 per tonne. However, the regressive nature of carbon pricing can disproportionately affect lower-income populations and potentially reduce political support and public awareness. This raises questions about the dynam…

Study finds AI can slash global carbon emissions

A study from the London School of Economics and Systemiq suggests it’s possible to cut global carbon emissions without giving up modern comforts—with AI as our ally in the climate fight. According to the duo’s research, smart AI applications in just three industries could slash greenhouse gas emissions by 3.2-5.4 billion tonnes each year by 2035. In contrast to much of what we’ve heard… Source