According to the Intergovernmental Panel on Climate Change (IPCC), "rapid and far-reaching change" is necessary to avoid catastrophic climate change. "However, the transformation of the economy towards climate neutrality always involves a certain amount of economic stress – some industries and jobs disappear while others are created," explains Johannes Stangl of the Complexity Science Hub (CSH). When it comes to climate policy measures, how can economic damage be minimized? (Complexity Science Hub, more at phys.org)
Reduction of CO₂ emissions by 20 % with only 2 % economic loss
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