Governments cannot afford to worsen inequality
Main stumbling block to tougher regulations: endless low wages
The promise of collective effort through high renewable energy costs has failed to spur decisive global action, largely due to the underlying issue of growing inequalities. More info
COP21: a benchmark, not a solution, for nations
COP21 is not a solution in itself; it establishes carbon reduction targets without prescribing specific economic methods. More info
Cautious implementation of energy-efficiency standards
Authorities are cautious about implementing energy-efficiency standards across supply chains and end-user products, due to concerns that it could result in higher prices for consumers across all income levels. More info
Subsidies: plagued by arbitrariness
Subsidies are criticized for their arbitrary nature, raising concerns about their effectiveness as a primary instrument for supporting the green transition. More info
Carbon pricing would disproportionately burden the low-income
A carbon-pricing scheme should replace subsidy programs, with these subsidies gradually phased out as the green market matures. More info
Could an innovative system unlock the situation?
If subsidy programs and carbon-pricing schemes excessively hamper the economy, could an innovative system provide a solution? More about a new idea