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Friday, 20 December 2013

Economics and Climate Change

In a recent political debate I attended, the case for action on climate change was presented essentially as an economic burden, which is largely the George Osborne take on the subject.  In fact, climate change could create economic opportunities by creating new markets for green energy, and cheaper ways of doing things, as suggested here.

You can also look at it as a pay now, or pay more later problem.  If we don't deal with the problems of climate change now, the cost of dealing with them in future may be far higher.

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