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Wire · operational-macro

The Economics of Transitioning Away from Fossil Fuels

Published

5 November 2026

Topic

operational-macro

◆ Sectors

Climate Tech

◆ Geography

Global

◆ Source

Read at epic.uchicago.edu →

◆ Verified

Fusion42 · 5 November 2026 · Fusion42 review

The report from the COP30 Presidency outlines that fossil fuels are underpriced due to externalised climate damages, innovation in renewables is underfunded, and combined policy solutions like widespread carbon pricing and increased public support for clean energy innovation are essential to limit global warming below 2°C.

This Wire brief sits within Fusion42's coverage of Climate Tech.

◆ ◆ The Wire takeaway

You must pivot your strategy to include both carbon pricing and public funding for clean innovation because neither alone will meet climate targets. Governments outside the OECD, where most emissions will come from, are your key targets for market and technology adoption.

◆ Coverage

1 source · 5 Nov 2026

◆ Related on Wire

◆ Topics

Climate Techcarbon-pricingrenewable-energyclimate-policypublic-innovation-fundingenergy-transition