Jeff Luse writes in RealClearEnergy about the need to double down on innovation and economic freedom.
- A recent report from the World Meteorological Organization (WMO) projects that the world temperature will likely temporarily pass 1.5° Celsius above pre-industrial levels in the next few years.
- While it is hard to know the exact degree of future warming, policymakers and the innovators should look to reduce high-risk, low probability events with solutions rooted in economic freedom.
- In the U.S., this starts by modernizing regulations to bring more clean energy projects online.
- Internationally, policymakers must export reliable and affordable energy to the developing world and embrace free trade.
“The findings from the WMO report, and other related climate reports, do not paint a picture of environmental catastrophe. Nor are they an excuse to take no action. Instead, these reports should catalyze policymakers and the private sector to double down on an innovation agenda.”
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
