The 2% solution to climate change

THE 2% SOLUTION TO CLIMATE CHANGE

Meaningful progress takes only a small slice of global GDP

BY YUVAL NOAH HARARI

The Time Magazine Double Issue Jan 31 / Feb 7, 2022

"If humankind wanted to prevent catastrophic climate change, how big a check would we have to write?"

"According to the International Energy Agency, achieving a net-zero carbon economy would require us to spend just 2% of annual global GDP over what we already do on our energy system"

"We are talking about making investments in new technologies and infrastructure, such as advanced batteries to store solar energy and updated power grids to distribute it."

"We can protect the most vulnerable populations from climate disasters, become better ancestors to

future generations, and create a more prosperous economy in the process."

"We should bring it into focus, not merely in order to give people hope, but even more so because it can be translated into a concrete political plan of action."