Thursday 30 April 2009

Taking on anti-green economics

Writing here on Tuesday, Oxfam UK's Duncan Green noted that

"Climate change has so far taken a back seat and that is deeply worrying. The G20 largely ignored the issue, progress in the UN talks that culminate in Copenhagen in December is (appropriately, perhaps) glacial. Some argue that we should sort out the economic crisis first, and then turn our attention to the longer term issues such as climate change, but that is to ignore the role of crises in driving change".

Yesterday, over in the States, Paul Krugman took on those who claim that 'attempting to limit greenhouse gas emissions would be incredibly costly'. Krugman pointed out that

"Opponents of a policy change generally believe that market economies are wonderful things, able to adapt to just about anything — anything, that is, except a government policy that puts a price on greenhouse gas emissions. Limits on the world supply of oil, land, water — no problem. Limits on the amount of CO2 we can emit — total disaster."

You can read Krugman's full post here.

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