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Are prizes the best solution for climate change?

The Climate Question

00:00

Are We Too Reliant on Technology That's Not Invented Yet?

The focus on technology saving the day isn't a silver bullet. Innovators get their strongest signals from prices, not prizes. The only thing that I can speak to is whether or not prizes can be useful in incentivizing innovation. It actually is a little difficult to put your finger on exactly how to measure success.

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