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There are hundreds of news articles about the COP 25 and somehow we chose the Financial Times as the article we should comment on. That says a lot about our bew
by rcMgD2BwE72F 7y ago
There are hundreds of news articles about the COP 25 and somehow we chose the Financial Times as the article we should comment on. That says a lot about our bewilderment (cf. their self-serving focus on carbon trading).
- iudqnolq 7y agoWhat does it say to you? What it says to me: I know that climate change is an extremely serious problem we need to solve and I believe economics is the right place to look for the tools we'll need to incentive people to do better.
- Joeri 7y agoEconomics has already given us the solution long ago. Climate is an externality. You solve problems with externalities by pricing them into goods and services. That was clear for climate change back in the 90’s. Everything since then has not been in the realm of economics but of politics. If the climate change problem will be solved, the solution will have to be political.