Could Fighting Global Warming Be Cheap and Free? →

newclimateeconomy

So here’s what you need to know: Climate despair is all wrong. The idea that economic growth and climate action are incompatible may sound hardheaded and realistic, but it’s actually a fuzzy-minded misconception. If we ever get past the special interests and ideology that have blocked action to save the planet, we’ll find that it’s cheaper and easier than almost anyone imagines.

Very optimistic column by Paul Krugman. I have always hoped that investing in alternative energy sources also makes sense from an economic point of view, and Krugman points to some detailed studies such as the New Climate Economy Report that seem to support that.

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