“Most people know we are frying the planet,” says MIT economist Daron Acemoglu, referring to the effects of climate change.
After all, 2015 was the hottest year on record, portending drastic long-term problems involving agriculture, rising sea levels, drought, and much more.
“What is probably less clear is how to resolve that,” Acemoglu adds.
On one level, we know the answer: Replace carbon-emitting fossil fuels with clean energy, including solar and wind power. To do this, many economists recommend a carbon tax.
