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Books > Earth & environment > The environment > Environmental economics
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Climate Innovation - Liberal Capitalism and Climate Change (Hardcover)
Loot Price: R3,643
Discovery Miles 36 430
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Climate Innovation - Liberal Capitalism and Climate Change (Hardcover)
Series: Energy, Climate and the Environment
Expected to ship within 12 - 17 working days
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Capitalism is criticized as both the cause of, and the main barrier
to, effective mitigation of climate change. Yet, from the earliest
days of the international negotiations, states have agreed that
technological innovation, believed to be a primary strength of
capitalism, is crucial to prevention of a dangerous accumulation of
atmospheric greenhouse gases. Nations prefer to rely on innovative
technologies to reduce emissions than to use regulations to
constrain markets and limit social choice. The contributors to this
volume show that the strengths of the system that creates ever new
consumer products and industrial processes actually prevent the
generation of technological innovations that would most effectively
mitigate climate change. Through comprehensive research of the US
innovation system and how companies respond to its supporting
institutions, they demonstrate that liberal capitalism's perceived
strengths are also its weaknesses. They also show that current
theories of technological innovation are incomplete and suggest the
institutional changes needed to generate climate innovations.
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