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Why Economics makes it so hard to solve Climate Change

image credit: Author Photo - Athabasca Clacier
Charles Bayless's picture
Retired CEO Tucson Electric Power

Mr. Bayless is a retired Utility Executive and a lecturer on Energy Policy, Climate Change and Ocean Acidification. Until June 30, 2008 Mr. Bayless was President and Provost of the West Virginia...

  • Member since 2001
  • 18 items added with 33,105 views
  • Jan 23, 2020

This Article explains how basic economics is one if the biggest hurdles  to solutions to Climate Change and Ocean Acidification proving again that " The only known violation of the Second Law of Thermodynamics is "Water Runs Uphill to Money."

Charles Bayless's picture
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Matt Chester's picture
Matt Chester on Jan 23, 2020

I would have said it's the geopolitics, though I suppose that's because it goes hand in hand with the economics. Whether it's encouraging or discouraging, though, the truth is that the challenge really isn't in the technology-- it's in all this 'other' stuff!

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