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Will Glasgow Climate Promises Be Kept?

Will Glasgow Climate Promises Be Kept?

Ron Bailey of Reason writes on the Glasgow Climate Pact.

The C3 Take
  • The Glasgow Pact, which was signed by close to 200 nations, has been hailed by it signatories as a pathway to keeping global temperatures below 1.5 degrees Celsius by the end of the century.
  • The Pact calls for prescriptive mandates and governments picking energy winners and losers.
  • As we have seen in the United States, market-driven solutions are the best way to reduce emissions while providing affordable energy to consumers.
  • If the world wants to reduce the impacts of climate change, it should turn to solutions that are rooted in economic freedom.

“The bottom line is: Given likely global carbon dioxide emissions trends from developing countries, 1.5°C is dead but 2.0°C is alive. Why? Largely because accelerating technological and market trends will fortuitously keep many of the COP 26 promises made by the politicians for them.”

Read the full article here.

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