Crop insurance cushions farmers against natural disasters, but it also can lead them to overuse resources and reduce their incentive to adapt to climate change.
- Gutsgell Professor of Finance, University of Illinois Urbana-Champaign
So-called cap and trade may be a solution to a problem it was not intended to solve: state budget crises. Cap-and-trade policy was designed to address climate change by putting a “cap” on carbon dioxide…
The runaway train of 73 oil tankers that derailed and exploded in the small town of Lac-Megantic in Quebec, Canada last week left 15 dead, around 50 missing, and shows how dangerous transporting oil can…
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