Axios: “A carbon quandary escape hatch”

By Ben Geman

The bottom line: Climate economist Gernot Wagner, in an email, said that while “we can’t switch from high- to low-carbon investments overnight,” he cautions:

“Putting too much emphasis on the fact that some high-carbon investments will be necessary runs the danger of giving cover to those not wishing for the transition to happen at all.”

Quoted in: “A carbon quandary escape hatch” by Ben Geman, Axios (21 April 2022).

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