We Have Solutions to the Climate Crisis. Now We Must Act.
Summary
The document calls for urgent action to address the climate crisis, asserting that the necessary zero-emissions technologies already exist and are increasingly cost-competitive. It advocates for a broad spectrum of solutions, the immediate end of fossil fuel subsidies, and the rapid shutdown of coal plants and other carbon-intensive assets to prevent the planet from reaching an unbearable hothouse earth scenario.
Key insights
- Zero-emissions technologies, including solar, wind, electric vehicles (EVs), and heat pumps, are often more cost-effective, durable, and job-creating than the outdated technologies they replace.
- Significant cost reductions have occurred since 2010, with wind and solar costs dropping by 60%–80% and battery costs decreasing by 85%.
- The transition requires the rapid retirement of carbon-intensive assets before the end of their economic or technical lives, specifically the shutdown of coal plants, the immediate cessation of fossil fuel subsidies, and a ban on new fossil fuel infrastructure, including gas distribution systems and highway expansions.
- There is a critical need to measure and certify methane emissions to address short-lived climate pollutants while the transition away from gas occurs.
- Financial market trends, including falling demand and rising investment risk, are expected to reduce the value of oil, gas, and coal reserves by nearly two thirds, according to Carbon Tracker analysis.
Cite the original document
- APA
- RMI (2021). We Have Solutions to the Climate Crisis. Now We Must Act. https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/
- Chicago
- RMI. We Have Solutions to the Climate Crisis. Now We Must Act. 2021. https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/.
- Wikipedia
- {{cite press release |author=RMI |title=We Have Solutions to the Climate Crisis. Now We Must Act. |date=9 August 2021 |url=https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{rmi2021have, author = {{RMI}}, title = {{We Have Solutions to the Climate Crisis. Now We Must Act.}}, publisher = {RMI}, year = {2021}, month = aug, url = {https://rmi.org/resources/we-have-solutions-to-the-climate-crisis-now-we-must-act/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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