Pragmatic Approaches to Emission Reduction Goals

This lecture discusses an international pragmatic approach to setting greenhouse gas emission reduction goals, including carbon budgets, negative emissions, and the concept of stranded assets. It explores the implications of limiting global warming to +1.5°C, the uncertainties surrounding remaining carbon budgets, and the urgency of taking action to avoid exceeding the set thresholds. The lecture also delves into the financial implications for fossil fuel companies and the necessary actions to align with emission reduction targets.