Decarbonizing Development : Getting Carbon Prices and Policies Right
Stabilizing climate change entails bringing net emissions of carbon dioxide (CO2) to zero. CO2 stays in the atmosphere for hundreds, if not thousands, of years. As long as one emit more than captured or offset through carbon sinks (such as forests)...
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| Language: | English en_US |
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Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/05/24470474/decarbonizing-development-getting-carbon-prices-policies-right http://hdl.handle.net/10986/21888 |
| Summary: | Stabilizing climate change entails
bringing net emissions of carbon dioxide (CO2) to zero. CO2
stays in the atmosphere for hundreds, if not thousands, of
years. As long as one emit more than captured or offset
through carbon sinks (such as forests), concentrations of
CO2 in the atmosphere will keep rising, and the climate will
keep warming. Countries can follow three principles in their
efforts to create a zero-carbon future: (a) planning ahead
for a future with zero emissions, (b) getting carbon prices
and policies right, and (c) smoothing the transition and
protecting the poor. In this context, the report presents
getting prices right - good economic and fiscal policy; and
de-carbonization requires a broader package of climate policies. |
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