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This lecture by the instructor discusses the urgent need for global climate change mitigation efforts, emphasizing the depletion of the remaining emissions budget. Various strategies, including implementing a global carbon tax and the challenges of fair allocation, are explored. The lecture also delves into the political, economic, and social complexities hindering effective climate action, such as the role of neoliberal beliefs and the tendency to procrastinate. Additionally, the lecture highlights the importance of engaging in low-cost mitigation measures, the potential benefits of early action, and the sectoral targets necessary for successful climate protection. Concrete measures, both soft and hard, are proposed, along with the impact of policy decisions on CO2 emissions stabilization in Switzerland.