In the Spring 2019 issue of The Catalyst, the flagship quarterly publication of the George W. Bush Institute, Professor Klaus Desmet writes about how trade and migration can dramatically mitigate the otherwise grim global consequences of climate change.
In his essay, Klaus Desmet points out that while climate change will “… likely to spell disaster for some tropical regions, it will bring advantages to Canada and Siberia”. In turn, he argues that successfully tackling climate change will require innovative migration and trade policies in addition to the standard policy prescriptions like carbon taxes, subsidies for green energy research and development, electric cars and sea walls and flood barriers.
Read his entire essay here and see the full Spring 2019 issue of The Catalyst, titled Common-Sense Conservation here.