The only realistic solution to the climate crisis is to replace fossil-fuel-based energy with renewables quickly and cost-effectively enough to keep the engines of economic growth running. A global carbon market would do just that.
Read more: https://www.project-syndicate.org/commentary/carbon-markets-emissions-trading-scheme-kyoto-protocol-by-graciela-chichilnisky-and-peter-bal-2019-11Global: Green Markets for Equitable Growth
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- Written by Project Syndicate