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In the News

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

Graham Watson

9th February 2024

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

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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