Aiming For Net Zero

How Costa Rican leaders adopted policies to reduce planet-warming greenhouse gas emissions, and what other countries can learn from their actions. As atmospheric greenhouse gases continue their steep ascent, the world has never been more in need of policies designed to reduce emissions. Among those few nations that have committed to ambitious emission reduction plans is the small Central American country of Costa Rica, whose pioneering policies include a Payments for Environmental Services program, a carbon neutrality pledge, and a goal of decarbonizing the economy. In this book, Aiming for Net Zero, Julia Flagg explores why Costa Rican leaders have adopted more climate mitigation policies than leaders of other nations and how these leaders have introduced and developed these policies. Drawing on archival evidence and interviews conducted between 2013 and 2021 with three dozen people who have contributed to climate policy in Costa Rica, Flagg tells the story of Costa Rica’s climate mitigation policy development. Costa Rica’s historically egalitarian class structure and interconnected, green-minded urban elite, she writes, prioritized investment in public welfare as the means to enhance the national level of development, leading to the advancement of climate mitigation policies during four historical moments: the late 1980s, the mid-1990s, the mid-2000s, and the late 2010s. Offering many lessons for other nations aiming to curtail planet-warming emissions, Aiming for Net Zero shows how investments in the public good enhance social development—which, ultimately, allows state planners to pursue ambitious climate mitigation policies.

Reaching Net Zero: What It Takes to Solve the Global Climate Crisis addresses the imminent need to fully understand the causes, effects, and evidence of global warming; due to the large amount of climate disinformation and complexity of much of the available valid science, this book addresses the science of global warming in a concise, readable manner while providing an in-depth reference for readers who want more details or to study the sources of information. This book also investigates potential practical next steps of interest to concerned scientists, engineers, and citizens, with an aim to further discuss and achieve the eventual Intergovernmental Panel on Climate Change (IPCC) ‘Net Zero’ goals. Solving the problem of reaching net zero requires educating others to support the changes that must occur and to provide the possible solutions required. This is a necessary read for academics in climate and environmental science, and specialists such as those in earth science or environmental studies, covering the science, technology, economics, politics, international, and other issues involved in doing something about global warming. It is also important for those interested in global warming and anyone involved in decision-making processes and legislation that deal with reduction in carbon footprints. Provides in-depth discussion of understanding the problem of global warming, with clear explanations of the science behind global warming and climate change Features case studies of successes and failures in reducing carbon footprints, with advised potential solutions for reaching net zero Takes a realistic approach to the problems and solutions of global warming in light of all available evidence across multiple disciplines

Ending the fossil fuel industry is the only credible path for climate policy Around the world, countries and companies are setting net-zero carbon emissions targets. But what will it mean if those targets are achieved? One possibility is that fossil fuel companies will continue to produce billions of tons of atmospheric CO2 while relying on a symbiotic industry to scrub the air clean. Focusing on emissions draws our attention away from the real problem: the point of production. The fossil fuel industry must come to an end but will not depart willingly; governments must intervene. By embracing a politics of rural-urban coalitions and platform governance, climate advocates can build the political power needed to nationalize the fossil fuel industry and use its resources to draw carbon out of the atmosphere.

"Lessons from Costa Rica's experience adopting policies to reduce planet-warming greenhouse gas emissions"--

A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster.

Future Energy will allow us to make reasonable, logical and correct decisions on our future energy as a result of two of the most serious problems that the civilized world has to face; the looming shortage of oil (which supplies most of our transport fuel) and the alarming rise in atmospheric carbon dioxide over the past 50 years (resulting from the burning of oil, gas and coal and the loss of forests) that threatens to change the world’s climate through global warming. Future Energy focuses on all the types of energy available to us, taking into account a future involving a reduction in oil and gas production and the rapidly increasing amount of carbon dioxide in our atmosphere. It is unique in the genre of books of similar title in that each chapter has been written by a scientist or engineer who is an expert in his or her field. The book is divided into four sections: Traditional Fossil Fuel and Nuclear Energy Renewable Energy Potentially Important New Types of Energy New Aspects to Future Energy Usage Each chapter highlights the basic theory and implementation, scope, problems and costs associated with a particular type of energy. The traditional fuels are included because they will be with us for decades to come - but, we hope, in a cleaner form. The renewable energy types includes wind power, wave power, tidal energy, two forms of solar energy, bio-mass, hydroelectricity, geothermal and the hydrogen economy. Potentially important new types of energy include: pebble bed nuclear reactors, nuclear fusion, methane hydrates and recent developments in fuel cells and batteries. Written by experts in the key future energy disciplines from around the globe Details of all possible forms of energy that are and will be available globally in the next two decades Puts each type of available energy into perspective with realistic, future options

For decades, the world’s governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but the most widely promoted strategy to address the climate crisis – the use of market-based programs – hasn’t been working and isn’t ready to scale. Danny Cullenward and David Victor show how the politics of creating and maintaining market-based policies render them ineffective nearly everywhere they have been applied. Reforms can help around the margins, but markets’ problems are structural and won’t disappear with increasing demand for climate solutions. Facing that reality requires relying more heavily on smart regulation and industrial policy – government-led strategies – to catalyze the transformation that markets promise, but rarely deliver.

The GHG Protocol Corporate Accounting and Reporting Standard helps companies and other organizations to identify, calculate, and report GHG emissions. It is designed to set the standard for accurate, complete, consistent, relevant and transparent accounting and reporting of GHG emissions.

The ambitious 15-year agenda known as the Sustainable Development Goals, adopted in 2015 by all members of the United Nations, contains a pledge that “no one will be left behind.” This book aims to translate that bold global commitment into an action-oriented mindset, focused on supporting specific people in specific places who are facing specific problems. In this volume, experts from Japan, the United States, Canada, and other countries address a range of challenges faced by people across the globe, including women and girls, smallholder farmers, migrants, and those living in extreme poverty. These are many of the people whose lives are at the heart of the aspirations embedded in the 17 Sustainable Development Goals. They are the people most in need of such essentials as health care, quality education, decent work, affordable energy, and a clean environment. This book is the result of a collaboration between the Japan International Cooperation Research Institute and the Global Economy and Development program at Brookings. It offers practical ideas for transforming “leave no one behind” from a slogan into effective actions which, if implemented, will make it possible to reach the Sustainable Development Goals by 2030. In addition to policymakers in the field of sustainable development, this book will be of interest to academics, activists, and leaders of international organizations and civil society groups who work every day to promote inclusive economic and social progress.

As drivers of climate action enter the fourth decade of what has become a multi-stage race, Net Zero has emerged as the dominant organizing principle. Hundreds of corporations and investors worldwide, together responsible for assets in the tens of trillions of dollars, are lining-up for the UN Race to Zero. This latest stage in the race to save civilization from heat, drought, fires, and floods, is defined by steering toward zeroing out greenhouse gas emissions by 2050. Settling Climate Accounts probes the practice of Net Zero finance. It elucidates both the state of play and a set of directions that help form judgements about whether Net Zero is going to carry climate action far enough. The book delves into technical analyses and activates the reader’s imagination with narrative accounts of climate action past, present, and future. Settling Climate Accounts is edited and authored by Stanford University faculty and researchers. The first part of the book investigates the rough edges of Net Zero in practice, exploring questions of hedging risk, Scope 3 emissions, greenwashing, and the business of asset management. The second half looks at states, markets, and transitions through the lenses of blended finance, offsets, debt, and securitization. The editors tease out possible solutions and raise further questions about the adequacy and reach of the Net Zero agenda. To effectively navigate the road ahead, the editors call out the need for accountability and ask: who is in charge of making Net Zero add up? Settling Climate Accounts offers context and foundation to ground the rapidly evolving practice of Net Zero finance. Targeted at seasoned practitioners, newly activated leaders, educators, and students of climate action the world over, this book embraces the complexity of climate action and, in so doing, proposes to animate and drive hope.