In 1983, Thomas C. Schelling argued that it would be cheaper for the world to accommodate global climate change than to try to prevent it. Richard Tol published an article about it. "The neglected contributions of Thomas C. Schelling to the economics of climate change" arxiv.org/abs/2607.04322
arxiv.orgThe neglected contributions of Thomas C. Schelling to the economics of climate changeThe rich have emitted the bulk of greenhouse gases. The poor suffer the bulk of the impacts. Climate change is a transfer from poor to rich. Climate policy is a transfer from rich to poor. Why, Schell...
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