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Roberto Tallarita named an assistant professor of law at Harvard - Harvard Law School harvard.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from harvard.edu Daily Mail and Mail on Sunday newspapers.
P>Politicians and climate activists portray net zero climate policies as a win–win: good for the planet, good for the economy. A recent example is “Mission Zero,” a supposedly independent review of Britain’s net zero target led by the former minister who signed net zero into law. “Net zero is the economic opportunity of the 21st century,” it breathlessly proclaims. “We must act decisively to seize the opportunities in a global race.” Economics isn’t about races or moon shots but about comparative advantage and allocative efficiency. Nonetheless, the message we’re given is that the faster an economy decarbonizes, the wealthier it becomes. Through green alchemy, costs are transmuted into benefits. ....