The power of compound growth has long been recognized as essential to economic development. But in both the COVID-19 pandemic and the slower-moving climate crisis, this same mathematical force is cutting the other way, revealing dangerous shortcomings in how we manage externalities.
When considering travel and other choices, economic principles can provide guidance.
New York, NY
A $40 carbon dioxide price? Try $100, $200, or possibly more.
The money would go far in politics, but it will also allow for technological experimentation and will take a fundraising burden off recipients.
Pat Thurston Show
Spring 2020
Why It Matters
To drive down tomorrow’s CO₂ emissions, governments need to subsidize fossil fuel alternatives, too.
by Jonathan Camuzeaux, Thomas Sterner, and Gernot Wagner
Washington, DC
By Philip Bump
Inaugural Risky Climate column
College Park, PA
Boston, MA
The core question is whether any kind of technofix that sustains fossil-fueled capitalism and the status quo can be considered “green.”
Der Standard Interview
Greenville, NC
Raleigh, NC
Silver Spring, MD
