From Science Daily
Energy and climate policy researchers in Switzerland and Germany support policies allowing a clean energy transition guide the COVID-19 economic response.
- The researchers suggest investing in solutions that would advance Paris Agreement climate goals and dismantle systems that hurt global emissions goals
- Though there are fewer emissions due to shelter in place mandates, it does not mean any significant reductions in climate change impacts in the long term
- By investing in the clean energy transition, the world could advance structural changes that would decarbonize the energy sector
- Tobias S. Schmidt of ETH Zurich notes that previous economic recessions resulted in higher emissions once the economy stabilizes:
“It is essential that we not repeat the mistakes of the post-financial crisis bailouts, which often led to massive increases in CO2 emissions,”
- Future policy research should develop “shock-proof” policies that can withstand other future disasters