CLEAN : France's Macron attends climate change round table in Beijing

The video discusses the importance of scientific contributions to knowledge development and the Paris Agreement. It emphasizes international cooperation, particularly between China and Europe, to analyze climate data and address CO2 emissions. The economic impact of climate change is highlighted, with a focus on European market strategies to internalize carbon emissions and set pricing floors to incentivize investment and change business models.

What challenges are associated with internalizing the external effects of carbon emissions?

What is the significance of having a reference price for carbon emissions?