More about Objective 7.0
Nothing will advance our plan faster than smart and bold policy. The next set of global policy actions must accelerate the world’s transition to net zero by 2050 while defining how each country will tackle the challenge.
Which policy changes are essential? Nations must commit to the 2030 emissions reduction targets and the 2050 net zero objective in six areas: electric power, transportation, industry, buildings, methane leaks, and carbon labeling on consumer products.
To meet their targets, nations must end subsidies for fossil fuels and harmful agricultural practices. They must enforce bans on the fluorinated gases that are used as refrigerants or for manufacturing semiconductors and circuit breakers. (Pound for pound, these long-lived gases trap thousands of times as much heat in the atmosphere as CO2.) Perhaps most of all, we need nations to set a price on carbon.
Finally, we must provide long-term support for these initiatives with a major step-up in government R&D funding for vital innovations.