HomeLecturesHarvard Speaks on Climate Change. Robert Stavins: “Using Economics to Address Climate Change”

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Harvard Speaks on Climate Change. Robert Stavins: “Using Economics to Address Climate Change”

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Market-based approaches to solve environmental problems have key advantages over “command and control” solutions, primarily because they ensure that the abatement is accomplished at the lowest cost.  Examples where these policies have been spectacularly successful in the past include the phase-out of lead in gasoline and the reduction of sulfur emissions that cause acid rain.

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