The 1977 White House climate memo that should have changed the world
11 min
Why pricing environmental goods is critical to redirecting capitalist impulses. In our current economy, we have priced fuel as a scarce commodity and the atmosphere as an infinite one. Writing in Bloomberg Liam Denning explains. "Valuing sustainability, and associated resiliency, isn’t primarily about deterrence, though. It is mainly about encouraging investment along new paths."