"There are various ways, including a carbon tax or cap-and-trade program, to ensure that at least some of [the] external costs {associated with greenhouse gas emissions} are paid by whoever is responsible for them. . . . The idea isnt to punish people for their greenhouse gases; its to create an incentive for inventors to create competitive carbon-free alternatives. By progressively increasing the price of carbon to reflect its true cost, governments can nudge producers and consumers toward more efficient decisions and encourage innovation . . . ."
How to Avoid a Climate Disaster: The Solutions We Have and the Breakthroughs We Need is a 2021 book by Bill Gates. In it, Gates presents what he learned in over a decade of studying climate change and investing in innovations to address global warming and recommends technological strategies to tackle it.
"[Question] 1. How Much of the 51 Billion Tons Are We Talking About? . . . Tip: Whenever you see some number of tons of greenhouse gases, convert it to a percentage of 51 billion, which is the world’s current yearly total emissions (in carbon dioxide equivalents)."
"[C]ement . . . steel [and] plastics are cheap because fossil fuels are cheap."
"Offshore wind holds a lot of promise . . . ."
"The reason we need to get to zero is simple. Greenhouse gases trap heat, causing the average surface temperature of the earth to go up. . . . Once greenhouse gases are in the atmosphere, they stay there for a very long time . . . . There’s no scenario in which we keep adding carbon to the atmosphere and the world stops getting hotter, and the hotter it gets, the harder it will be for humans to survive, much less thrive."
"[W]e’re going to need much more clean electricity in the coming years. . . . [B]y 2050 . . . the world will need much more than three times the electricity we generate now."
"I [have become] convinced of three things: 1. To avoid a climate disaster, we have to get to zero {net emissions by the year 2050}. 2. We need to deploy the tools we already have, like solar and wind, faster and smarter. 3. And we need to create and roll out breakthrough technologies that can take us the rest of the way."