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  • Economic Incentives = Environmental Gains

    Single-action bias

    Posted: in 1000 words, Climate science, Politics

    Written By

    Gernot Wagner

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    We all want to do something, anything. We don’t just want to sit idle and watch events unfold around us. Call it “action bias.”

    Then there’s “single-action bias.”

    We all want to do something, anything, but once we’ve done that one thing, we move on. For something as intractable and complex as global warming, that’s a real problem.

    Yes, replace your inefficient incandescent light bulb with more efficient compact fluorescent ones, but don’t believe for a second that single action solved the problem.

    Recycle. Just don’t think it’ll stop global warming. Make the planet notice.

    For daily musings like these, take a look at EDF economist Gernot Wagner’s personal blog.

    2 Comments

    1. Posted April 8, 2017 at 8:46 am | Permalink

      Great information, dude! Thankyou so much for your work!

    2. Posted April 23, 2017 at 8:34 am | Permalink

      Excellent article, dude! Thankyou!