Archive for December 15th, 2019

15/12/2019

Climate Change – Where Are Our Economic Elites Headed?

Human Wrongs Watch

By William Mebane*

10 December 2019 (Wall Street International)*  — As William Nordhaus illustrated in his Nobel award address in December last year, the free-rider problem is particularly severe for climate change. Those who do nothing ride free, while those who undertake costly reductions pay dearly. If an important player does not go along, the others could establish a climate club with penalties in the form of tariffs for the free rider.

On June 1, 2017, President Trump announced his intent to withdraw the United States from the Paris Agreement. This intent was reiterated in a December 2018 meeting of the Parties. Thus, the US is on the trajectory of becoming that free rider.

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15/12/2019

Bolsonaro’s Christmas Gift to Perpetrators of Illegal Deforestation

Forest Fires in Porto Velho, Rondônia, Amazon - Third Overflight (2019). © Victor Moriyama / Greenpeace
With the new legislation, the Bolsonaro administration shows that environmental crime pays in the Amazon. © Victor Moriyama / Greenpeace © Victor Moriyama / Greenpeace

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