I know a Tibetan whose name is Monlam Gyatso. That means Ocean of Prayer. We have an ocean of opportunity before us. What I and others, not the least of whom is McKinsey & Company, see bashing down our doors to bang us on our thick heads is an ocean of GHG abatement opportunities by the bucketful, many of which are cost-negative. Got that? We do this, we curb our GHGs and we make money doing it. Refer to this McKinsey slide show, particularly slides 4,5 and 6. This looks at the now-famous global greenhouse gas abatement cost curve (slide 4) as described in their report, Pathways to a low-carbon economy. The report dispels some important myths (slide 5) and identifies five areas of focus (slide 6) to maximize GHG abatement.
The “FT” published another stunning interactive graphic a couple of weeks ago that describes “the scope for cuts” based on McKinsey’s work. You can see the immense possibility, both by country and by sector.
What, please tell me, is not to love here?!
