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Does Climate Science Really Compel Us Toward Urgent Action?

The Soho Forum Debates

CHAPTER

The Government Should Step in When There's a Market Failure

I think that increasing fossil fuel production in the short run to get through this shortfall because of the war in Ukraine, I think that makes sense. The thing I don't think makes sense is investing in infrastructure. It's going to last 50 years. There's a market failure. The government should do the drilling. Well, I mean, I wouldn't go that far to say the government shoulddo the drilling. But I do think the government should encourage us much like in the inflation reduction act bill they're doing,. They should encourage the transition renewables.

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