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:
“The Sage of Toronto ... spent several decades marveling at the numerous freedoms created by a “global village” instantly and effortlessly accessible to all. Villages, unlike towns, have always been ruled by conformism, isolation, petty surveillance, boredom and repetitive malicious gossip about the same families. Which is a precise enough description of the global spectacle’s present vulgarity.”
—Guy Debord (b. 1931)
“Thine age asks ease, and since thy duties be
To warm the world, that’s done in warming us.
Shine here to us, and thou art everywhere;
This bed thy center is, these walls, thy sphere.”
—John Donne (1572–1631)