Climate Change: Objectives and Results

This lecture discusses the optimal response to climate change, aiming to minimize the costs of mitigation, adaptation, and residual damages. It explores Switzerland's climate goals, the impact of energy use on the economy, emission trends, and the types of greenhouse gases. The lecture delves into the challenges of meeting emission reduction targets, the effectiveness of the first and revised CO2 laws, and the need for accelerated decarbonization to achieve net-zero emissions by 2050.