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:
“Ours is a brand—new world of allatonceness. “Time” has ceased, “space” has vanished. We now live in a global village ... a simultaneous happening.”
—Marshall McLuhan (1911–1980)
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And dew is cold upon the ground,
And the far-off stream is dumb,
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And the whirring sail goes round;
Alone and warming his five wits,
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