Lawsuits concerning the impacts of climate change make causal claims about the effect of defendants’ greenhouse gas (GHG) emissions on plaintiffs and have proliferated around the world. Plaintiffs have sought, inter alia, compensation for climate-related losses and to...
Mitigating the worst consequences of climate change by transitioning to a net zero economy requires investment on a large scale. Directly pricing emissions, the first-best solution to drive capital reallocation, is considered politically infeasible—so policymakers put...
The concept of net-zero carbon emissions has emerged from physical climate science. However, it is operationalized through social, political and economic systems. We identify seven attributes of net zero, which are important to make it a successful framework for...
Most governments’ astronomical borrowing during the current pandemic pays scant attention to the effects that climate change could have on their ability to repay the debt. Here we present an analysis of countries’ sovereign debt issued in 2020, showing that the vast...