63 effective climate policies identified, emphasizing energy taxes and fossil fuel phasing for significant carbon reductions.

63 effective climate policies were identified in a global study, revealing that pricing mechanisms, such as energy taxes, are crucial for reducing carbon emissions when combined with other measures. Researchers analyzed 1,500 policies across 41 countries and found that only 63 instances resulted in significant reductions of carbon pollution. The study highlights that the most effective policies combine fossil fuel phasing out and taxation with additional cost systems. However, even the most successful policies still barely make a dent in rising carbon dioxide emissions.

August 22, 2024
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