Avoiding a Greenhouse Disaster!

Arguments about methods of control greenhouse emissions have been circulating for years. There is no consensus on anything, including the mere fact of our growing ecological disaster. The arguments about the fact that there is a problem are less contentious than what should be done about it.

As usual, I treasure the insights of Paul Krugman. He came to the forefront with a long analysis of the problem including his own preferences for a solution. In general, he emphasizes the need to introduce some external cause to limit emissions because the problems will only increase without any interventions. Of all the possible interventions, he supports a major carbon tax upfront which would be have the largest impact in making changes in the world's economy and peoples' behavior.