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This lecture by the instructor covers the key aspects of climate policy, focusing on the instruments and impacts of climate change mitigation efforts. It discusses the revision of the CO₂ law in 2011, highlighting the shift towards greenhouse gas emissions reduction targets and the inclusion of agriculture. The lecture explores the importance of various levers such as population control, energy efficiency, and carbon pricing in achieving emission reduction goals. It also delves into the challenges of reducing carbon footprints at both individual and systemic levels, emphasizing the need for a comprehensive approach to decarbonization.