Should the Fund and Policy be enacted worldwide, estimates show we can transform our fossil based energy system into a low fossil carbon, renewable energy system by 2060.

Why 2060? The year 2060 to have fossil fuel use go to zero was chosen based on a $20/tonne levy on fossil carbon. If we want to go faster, we need to raise the levy. For example $30/tonne would lead to zero fossil fuel in 2053, $40/tonne in 2049. However higher levy’s are more difficult politically.