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Get Ready for Ugly as Markets Begin Deal With Climate Crisis

2015-07-28 15:31:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: Advocates of market-based climate solutions paint pastel pictures reflecting smoothly adjusting macro-economic models. Competitive markets gradually nudged by carbon pricing glide into a low carbon future in a modestly disruptive fashion, much as sulfur pollution from power plants was scaled back in the 1990s. But commodity markets for oil and gas dont work that way. These real markets are poised to savagely strand assets, upset expectations, overturn long established livelihoods and leave...

Tags: with ready deal begin

Category:Electronics and Electrical

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