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  • Blogging the science and policy of global warming

    Economists save the planet

    Posted: in Climate Change Legislation, Economics

    Written By

    Gernot Wagner

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    Why are we so “gung-ho” about cap and trade? The term might be banned from Washington and much of our vocabulary at the moment, but it’s still far from a trick question.

    Call them what you want, environmental markets are fundamentally the most scientifically sound, economically efficient, and often the only way forward.

    No wonder countries the world over are adopting or planning to adopt them.

    We are starting a new blog specifically focused on market forces and why re-guiding them is the only solution to many of our environmental problems.

    Individual volunteerism won’t do. Blocking market forces won’t do. Subscribing to the new blog won’t make the world a better place all by itself either, but it probably doesn’t hurt.