Looking ahead to COP27—from climate pledges to action: The Global Methane Pledge—opportunities and risks

Etienne Romsom and Kathryn McPhail

No wp-2022-131, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The global energy transition is happening, but too slowly to limit climate change to acceptable levels, for diverse reasons. Carbon emissions policies and measures focus too little on absolute emission targets and too much on relative measures such as carbon intensity. Focus is needed on early emission reduction actions, while current efforts aim to for carbon neutrality at a distant date. High-profile listed companies disposing of high-carbon-emitting assets to unlisted organizations ('hand-me-down assets') is reducing transparency on emissions and emissions-reducing investments.

Keywords: Natural gas; Emissions; Health; Air pollution; Technology; Transparency; Emissions targets (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-ene and nep-env
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