Our economic system created this mess by failing to incorporate the cost of degradation into the cost of production. In economic terms, we have “extermalized” the cost of degradation, and now we must “internalize” it.

Ghost Of Milton Friedman Materializes In Chicago, Endorses A Price On Carbon


Climate scientists agree that we’re changing the climate in dangerous ways, and economists say we can slow the mess with a price on carbon. Last week, the University of Chicago resurrected its most famous economist to find out what he’d do, and the result is a fascinating, informative, and even entertaining dialectic on the economics…

A Whole Earth Way Of Thinking About The Anthropocene


Before he published his first Whole Earth Catalog in 1968, Steward Brand lobbied NASA to release the first snapshots of the Earth as seen from the moon, according to Wikipedia. “He thought the image might be a powerful symbol, evoking a sense of shared destiny and adaptive strategies from people,” the entry says. The catalog provided “access to tools”,…

Bridging The Science/Finance Divide


Investors should be mastering the implications of climate science, but most of them aren’t – in part because scientists have done a lousy job of communicating it’s certainties and uncertainties. Scientists know, for example, that the climate is changing and man is the cause, and they know that climate change will disrupt our supplies of food…

A Simple Guide To REDD+ From The Ground Up


As REDD+ (Reduced Emissions from Deforestation and forest Degradation plus forest management) grows in complexity, the need for accessible literature is greater than ever. Unfortunately, most of the new material to emerge in the last year obfuscates and obscures this already complex mechanism – in part because each new paper tries to differentiate itself from the…