Funding green research is the most effective way to tackle climate change
In their bids to showcase climate leadership ahead of the approaching United Nations Climate Change Conference in Glasgow (COP26), world leaders are once again talking of ambitious carbon reduction targets. U.S. President Joe Biden, for example, has set the goal of creating “a carbon pollution-free power sector by 2035 and net zero emissions economy by no later than 2050.” Most rich countries’ governments have formulated similar ambitions.