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Climate change mitigation policies can have a large and complex impact on the socio-economic status of individuals and countries This can be both positive and negative. [300] It is important to design policies well and make them inclusive. Otherwise climate change mitigation measures can impose higher financial costs on poor households. [301]
This approach is the dominant one where all world governments are engaged, which makes sense as the entire population of the world is affected by this issue. The top-down approach is that of strong central oversight by a majority of world governments in determining how various approaches to climate change mitigation should be implemented. [9]
The climate change policy of the United States has major impacts on global climate change and global climate change mitigation.This is because the United States is the second largest emitter of greenhouse gasses in the world after China, and is among the countries with the highest greenhouse gas emissions per person in the world.
Climate change mitigation scenarios are possible futures in which global warming is reduced by deliberate actions, such as a comprehensive switch to energy sources other than fossil fuels. These are actions that minimize emissions so atmospheric greenhouse gas concentrations are stabilized at levels that restrict the adverse consequences of ...
The United Nations Intergovernmental Panel on Climate Change (IPCC) published a special report on Renewable Energy Sources and Climate Change Mitigation (SRREN) on May 9, 2011. [1] [2] The report developed under the leadership of Ottmar Edenhofer evaluates the global potential for using renewable energy to mitigate climate change.
Economic components like the stock market underestimate or cannot value social benefits of climate change mitigation. [254] Climate change is largely an externality, [255] [256] [257] despite a limited recent internalization of impacts that previously were fully 'external' to the economy. [258]
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