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216. Drilled, Baby, Drilled!
Outrage + Optimism
The Economic Case for Ambitious Climate Action
In advanced economies, it is crucial to increase ambition in climate action rather than reduce it. King's Mill Bond's analysis highlights that the combined cost of capital expenditure on renewables and reduced operating expenses makes it more cost-effective to save the planet than to destroy it. Therefore, despite the need for upfront capital investment, there are abundant wealthy individuals who can contribute to this cause.
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