Global Warming
The Economist supports government action on global warming, declaring its view in a December editorial before the 2009 United Nations Climate Change Conference that the risk of catastrophic climate change and its effect on the economy outweighs the economic consequences of insuring against global warming now. It also stated its preference of setting a carbon price through tax, rather than through a cap-and-trade system as a means of cutting emissions, and was generally scathing of government subsidies.
Read more about this topic: The Economist Editorial Stance
Famous quotes containing the words global and/or warming:
“Much of what Mr. Wallace calls his global thinking is, no matter how you slice it, still “globaloney.” Mr. Wallace’s warp of sense and his woof of nonsense is very tricky cloth out of which to cut the pattern of a post-war world.”
—Clare Boothe Luce (1903–1987)
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a nest of rattlers,
they’ll knot a hundred together,
had wintered and were coming awake.
The warming rock
flushed them out early.”
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