World Knows Has to Collaborate on Green Economy: Howard

The video discusses the challenges and opportunities in achieving net zero emissions, focusing on the roles of the US and China, the importance of international collaboration, and the need for effective carbon markets. It highlights the concept of 'coopertition' between major emitters and the significance of industrial policies in promoting a clean economy. The video also addresses the credibility issues in carbon markets and the potential of technology to enhance transparency and trust.

What is the nature of the relationship between the US and China regarding climate change efforts?

• Isolation

• Complete collaboration

• Coopertition

• Full competition

What significant act did the US implement to stimulate the green economy?

• Climate Change Act

• Green New Deal

• Inflation Reduction Act

• Environmental Protection Act

What is a major challenge in achieving consensus on carbon credits?

• High costs

• Lack of technology

• Credibility issues

• Political instability

What is necessary for effective carbon markets according to the discussion?

• Public awareness

• High trust and high liquidity

• Low costs and high demand

• Government intervention

What role do new technologies play in carbon markets?

• They increase costs

• They complicate processes

• They reduce the need for collaboration

• They enhance monitoring and transparency