Frank Jotzo is deputy director of the Australian National University’s Crawford School of Public Policy, and director of the Centre for Climate Economics and Policy. He is a Lead Author of the Fifth Assessment Report by the Intergovernmental Panel on Climate Change, and associate editor of Climate Policy. He has been extensively involved in policy analysis and advising, including Australia’s Garnaut Climate Change Review. Recently, he led a research collaboration between Australian and Chinese universities.

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In 2014 global economic output grew by three percent, while global carbon dioxide emissions remained constant. For 2015, a fall in emissions is expected, with the global economy again growing at around the long-term average. The key factor is that emissions growth in China has slowed significantly, along with reductions across developed …

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