Eco-Nomics: Looking back and forward on the climate crisis
By Paul Roberts / For The Herald
A new year is a time for reflections, predictions and resolutions. Reflections on the year past, predictions on the year to come, and resolutions to improve the future. For climate change and clean energy economics, there is much to discuss.
Reflections: 2024 will almost certainly be the hottest year on record, exceeding even 2023, the previous hottest year. And it will lead a decade as the warmest ten years on record. At year’s end, carbon dioxide levels reached 424 ppm and global temperatures were 1.4 degrees above preindustrial levels. Both continue to rise.
In November, the annual United Nations climate conference, COP29, noted countries have made little progress curbing emissions over the past year. However, there is some evidence that the rate of increase may be slowing.
As of November there had been 24 confirmed weather and climate disasters in the United States with losses exceeding $1 billion.
https://www.heraldnet.com/opinion/eco-nomics-looking-back-and-forward-on-the-climate-crisis/
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