My Republica

Gernot Wagner

The contributor for Republica.

True Price of Carbon

Published On: March 14, 2020 09:18 AM NPT By: Gernot Wagner

NEW YORK – At the center of many policy challenges is a contest between “realists” and “radicals.” That’s true of the ongoing Democratic primary race in the United States, for example, and it has long defined the climate-change debate. Will incremental policies such as a modest carbon price save us from disaster, or does climate change call for a more revolutionary approach?