Fighting Global Warming: Problematic Economic Implications

 The green transition is hindered by its economic implications. The lack of action is not due to an underestimation of the threat posed by global warming but rather the astronomical cost of decarbonizing the economy. The absence of political will stems not from corporate lobbying but from the immense challenge of pursuing the green transition without imposing a heavy burden on low- and middle-income groups. Achieving net-zero emissions is not just a technical challenge; it is fundamentally an economic one.

Despite resistance to climate action, there is hope that emerging technologies could provide cheaper solutions and ultimately turn the tide. But will these solutions arrive quickly enough as global warming continues to escalate?

As progress rests on technological breakthroughs, the final pages will reference The Green-Market System, a book that presents an innovative solution to encourage both consumers and corporations to embrace the transition to a carbon-free economy.