In a hostile climate, keep on decarbonising with a virtual carbon price

Posted by Richard Clarke and Mark Maslin on 2025-03-05

Reaching the Net Zero 1.5°C goal now requires Direct Air Capture. With US climate action under siege, how can public bodies, corporations and individual engineers keep on track towards decarbonisation? We propose a virtual ‘loss and damage’ based carbon price that reflects the current and future economic impacts of extreme weather and extreme heat. By accounting for the effects of actual and [...]

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