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5min chapter
Selling Nature to Save It w/ Kathy McAfee (06/29/23)
Death Panel
The Importance of Offsetting for Climate Change
The idea is that it would be too expensive to stop a lot of the industrial processes and fossil fuel extraction in wealthier countries. But there are other places in the world where it would be cheaper to remove carbon dioxide, he says. The logic of capitalism or some of the central assumptions of today's environmental economics say this is actually the most efficient way to manage the climate crisis, Nouriel Roubini writes.
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