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Why Economics makes it so hard to solve Climate Change

image credit: Author Photo - Athabasca Clacier

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."

 

https://www.fortnightly.com/fortnightly/2018/06/electricity-externalities-and-regulation?authkey=d94f4bea1fdf9dc191da6e6c11c6c11949011ea31d1f4de8ebe101cbb72e7b84

Charles Bayless's picture

Thank Charles for the Post!

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Matt Chester's picture
Matt Chester on Jan 23, 2020 10:25 pm GMT

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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