Pachauri is speaking on carbon pricing right now. I had intended to blog a little more aggressively here, but honestly, the internet connections are completely terrible, so there’s no guarantee that what I type will ever make it onto the intertubes.
At any rate, Pachauri thinks that there must be some set of incentives and disincentives that lead to mitigation get rewarded in the marketplace. What he really thinks is that academics have been remiss in not attending to these sorts of questions.
For instance, if the EPA or any other arm of the US government were to regulate construction standards associated with new buildings, we could somehow make great ground… which he mentions even though this has very little to do with climate finance or carbon pricing.
Bryce Rudyk from NYU speaking now on climate finance.
Cruel Mistress 