Global Warming: Innovations, Emissions, and Budgets

This lecture covers the relationship between energy consumption, CO2 emissions, technical progress, and innovations in the context of global warming. It discusses the impact of greenhouse gas emissions, the challenges of limiting warming to 1.5°C, and the concept of negative emissions. The instructor presents the implications of the remaining carbon budget, uncertainties in future emissions, and the need for rapid corrective actions. Additionally, it explores the historical temperature variations, the projected global mean temperature changes, and the strategies for controlling carbon dioxide. The lecture also addresses the financial aspects of fossil fuel companies, their valuations, and the risks associated with stranded assets.