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Why do economists describe climate change as a 'market failure'? - The Guardian
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Global Warming News
Monday, 21 May 2012 15:00
Why do economists describe climate change as a 'market failure'? - The Guardian
The Guardian
Why do economists describe climate change as a 'market failure'?
The Guardian
Many economists have described climate change as an example of a market failure – though in fact a number of distinct market failures have been identified. The core one is the so-called 'greenhouse-gas externality'. Greenhouse gas emissions are a ...

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