Research challenges the myth that clean energy acts as a brake on global economic development. Research challenges the myth that clean energy acts as a brake on global economic development.
On the occasion of the Stockholm50 summit which is starting Thursday, a report by the Potsdam Institute for Climate Impact Research (PIK) for the German Enviro
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Handing 5% of the money rich nations raise from carbon emissions charges to Sub-Saharan Africa would counter the impact of rising prices on the world’s poorest people, researchers said on Tuesday.
More and more wealthy countries are seeking to impose emissions charges on companies, but doing so risks pushing up the price of essential goods, which hits the poor hardest, said a study published in the journal Nature Communications.
The researchers said risk could be mitigated by handing the proceeds to households in the form of “climate dividends”.
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“You can create this win-win situation where you can reduce emissions and at the same time achieve a reduction in poverty,” said lead author Bjoern Soergel of the Potsdam Institute for Climate Impact Research.