Riccardo Rebonato

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Riccardo Rebonato is a Professor of Finance at the EDHEC Business School, and Scientific Director of the EDHEC Risk Climate Institute. He also has an academic background in Physics and in Nuclear Engineering.

Riccardo Rebonato

Jan 03 2023

Forget net-zero: to halt global heating, aim for net-negative

Illuminem Voices

Carbon · Carbon Removal

In the fight against climate change, the lever every policymaker has been focusing on has been the reduction in (net) emissions. Curbing the rate at which greenhouse gases are pumped into the atmosphere clearly remains a priority. Yet every serious scientific analysis – in particular the latest IPCC report – agrees that a substantial amount of CO2 must be removed from the atmosphere via negative-emission technologies if we want to have a reasonable chance of limiting the temperature increase by the end of the century to 1.5 to 2C above pre-industrial levels.