Why Markets Can’t Cool the Planet

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Published by Anonymous (not verified) on Mon, 16/04/2018 - 6:50pm

Among the most discussed climate-change remedies are those that would use market forces to make fossil fuels more expensive. But while free markets may have steered much of the world toward a wealthier, healthier future, placing our faith in Smith’s “invisible hand” to win the fight against climate change would be a tragic mistake.