
“In economic terms, global warming is not merely an externality that we have failed to price in. The free market can only get us so far. This makes it a truly wicked problem, but it also gives us a more perfect moral clarity. We are not simply borrowing against our own future. For the most part, we are not our own victims. To rely on empathy to shape our response to climate change is often considered naive—the victims of warming are distant in space, distant in time, and the bullets are invisible—but I believe it is more naive to hope that we in the north will significantly cut emissions or consumption or give needed adaptation funding to distant countries because we personally feel threatened. In”
―
Windfall: The Booming Business of Global Warming
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