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In the News

World's first year-long breach of key 1.5C warming limit

Graham Watson

9th February 2024

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The EU's Climate Service has highlighted the fact that the 2015 pledge to limit long-term temperature increases to 1.5C above pre-industrial levels is already under threat and that there's need for action to cut carbon emissions.

It's a lovely example of a basic co-ordination problem, the absence of accountability in the setting of these targets and reinforces a central tenet of economics, that people need to be incentivised to act appropriately, to counter global warming.

World's first year-long breach of key 1.5C warming limit
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Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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