A distinguished British economist, Sir Nicholas Stern (2007), proclaimed that climate change confronts economists with the biggest

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A distinguished British economist, Sir Nicholas Stern (2007), proclaimed that climate change confronts economists with "the biggest case of market failure." What were his justifications for this claim? Be specific.

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Principles Of Environmental Economics And Sustainability

ISBN: 9780815363545

4th Edition

Authors: Ahmed Hussen

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A distinguished British economist, Sir Nicholas Stern (2007), proclaimed that climate change confronts economists with the biggest

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Sir Nicholas Sterns assertion that climate change represents the biggest case of market failure is grounded in several key justifications Externalities Stern argues that climate change results from th...View the full answer

Principles Of Environmental Economics And Sustainability

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