Wonder of wonders, Paul Krugman of the New York Times is optimistic about Copenhagen. What’s more, he calls cutting greenhouse gases (GHGs) both affordable and essential. Reducing GHGs may even help the economy, so there’s no reason to wait. Cap and trade systems have worked before; they can again.
The dust has settled at COP27, the 27th United Nations Climate Conference at Sharm El-Sheikh in Egypt where a record 45,000 people registered to attend. The longest running summit of all the conferences, agreements made in the final moments has left us all with hope but also doubts.