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.