New e-book: “Putting the Genie Back: Why Carbon Pricing Matters”
In his latest publication, David moves on from the challenge of containing temperature rises caused by carbon dioxide (CO2) to examine one of the potential solutions in depth – government carbon “pricing” systems.
He argues that carbon “pricing” – a system to charge emitters for every tonne of CO2 they release into the atmosphere – is an essential tool to help reduce carbon emissions, and a necessary political response to climate change.
Drawing on his weekly blog posts, the e-book presents the economic reasoning for carbon “pricing” systems as having the potential to shift global energy investment, for example by helping the least-developed economies accumulate the funds they need to build sustainable energy systems.
Most importantly, he writes, carbon “pricing” offers the prospect of not only solving the carbon emissions problem, but doing so equitably and at the least cost to society.
“My generation can’t correct the problem before we hand over, but we can at least implement one of the tools the next generation will need to turn the corner and actually start reducing global carbon dioxide emissions,” he writes.
David makes carbon pricing simple in this short animation on YouTube.