The Logic of Effective Climate Action

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Written by Barry Eichengreen 15 June 2021

“The starting point for addressing climate change, economists agree, is a tax on carbon. But while the resulting reduction in emissions would benefit virtually everyone on the planet, those who bear a disproportionate share of the costs will mobilize in opposition – that is, unless they are given a reason not to” (Eichengreen 2021).

Publisher: Project Syndicate

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Categories: Multilateralism, Liberal Democracy