Climate tech is critical for averting planetary chaos. Half the greenhouse gas reductions required to reach “net-zero” climate targets in 2050 will need to come from technologies that have not yet been invented. Without effective government interventions, market incentives alone will not produce a rapid transition to a low-carbon economy. The commercial value of innovative climate technology, especially in its early phases, remains underpriced—far below its social value. The good news is that smart policies can change these dynamics and catalyze the necessary creativity and investment in clean technology, and its deployment. The key question is: which mitigation policy approaches can also lead us to future carbon neutrality? Combining the latest evaluation data with fascinating anecdotes based on dozens of interviews, the talk assesses which strategies around the world have effectively reduced emissions while accelerating climate tech development and adoption. The presentation is part of Stanford professor Alon Tal’s tour to present his recently published book: Making Climate Tech Work, Policies that Drive Innovation, published by Island Press.
This event is co-sponsored by the Research Program on Sustainability Policy and Management.