The monumental challenge of trying to hit climate targets
Comment of the Day

June 23 2021

Commentary by Eoin Treacy

The monumental challenge of trying to hit climate targets

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Eoin Treacy's view

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When numbers in excess of $100 trillion are bandied about most people’s eyes glaze over. The global annual GDP in 2020 was $93 trillion. That suggests to achieve the stated aim of containing temperature rises to 1.5% by 2050, we need to made big assumptions. The most important is that if we go ahead and make the sacrifices and spend the money, that it will work.

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