
Regulation not Revolution: The Economics of Combating Climate Change
Angry revolutionary sentiments are undermining the very instruments required to stabilize the economy and manage climate change. Massive demonstrations are taking place all around the globe. The rage on the streets is coalescing into a global movement that threatens the economic system. There have been revolutionary protests in Tunisia, Egypt, Libya, Bahrain, Syria, Yemen, Israel, Algeria, Iraq, Jordan, Morocco, and Oman, and minor protests in Kuwait, Lebanon, Mauritania, Saudi Arabia,…