Protectionism will make addressing climate change more expensive
esgstuff.substack.com
For years, capitalists have told us that investments to reverse or mitigate climate change are simply too expensive. This argument is even more compelling in our ‘cost of living crisis’ era. Yet the goalposts have shifted now that cost-competitive technologies exist. Governments are now bemoaning China for subsidising costs for the rest of the world, even though the US and the EU also subsidise their energy sectors.
Protectionism will make addressing climate change more expensive
Protectionism will make addressing climate…
Protectionism will make addressing climate change more expensive
For years, capitalists have told us that investments to reverse or mitigate climate change are simply too expensive. This argument is even more compelling in our ‘cost of living crisis’ era. Yet the goalposts have shifted now that cost-competitive technologies exist. Governments are now bemoaning China for subsidising costs for the rest of the world, even though the US and the EU also subsidise their energy sectors.