"Rather than micromanaging production, governments should unleash investment, by acting boldly to strip back permitting rules and ease the risk of projects in the global south. They also need to face up to the fact that protectionism frustrates their climate goals. It leads to lower returns, higher prices for power and more broken promises over decarbonisation."
To reduce air pollution-caused deaths, the world must turn to economic freedom
When countries pursue policies rooted in economic freedom, people will be better equipped to solve those problems. It’s time for global leaders to recognize that.
Leaders at COP28 should focus on making the lives innovators easier if they are serious about hitting any targets in the future.
The Nuclear Energy Declaration is a major step in helping countries meet their climate goals and represents the most ambitious international commitment to nuclear energy to date.
"The key is to remove all the market, cost, and fiscal barriers in the way of beneficial innovators. When streamlined policy makes new investments cheap and easy, newer, cleaner technologies replace older, dirtier technologies at an ever faster pace, accelerating innovation and the energy transition."
The way to unlock the power of society and the private sector is by giving people the freedom to innovate. Strict federal mandates, on the other hand, are a path to failure.
"'It’s not top-down. It has to be a bottom-up exercise,' said André Aranha Corrêa do Lago, a senior Brazilian diplomat, about Brasília’s environmental efforts. 'At COP28, we’re going to have the beginning of a very important new stage. What has to be done will be debated first by the countries that have tropical forests.' said André Aranha Corrêa do Lago, a senior Brazilian diplomat, about Brasília’s environmental efforts. 'At COP28, we’re going to have the beginning of a very important new stage. What has to be done will be debated first by the countries that have tropical forests.'"
Reducing financial barriers for all energy technologies and opening up free trade will help the world lower emissions and accelerate human prosperity.
The way to unlock the power of society and the private sector is by giving people the freedom to innovate.
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