The Carbon Crunch: How We're Getting Climate Change Wrong-and How to Fix It

An economist's take on "why the world's efforts to curb the carbon dioxide emissions behind global warming have gone so wrong, and how it can do better" (Financial Times).

Despite commitments to renewable energy and two decades of international negotiations, global emissions continue to rise. Coal, the most damaging of all fossil fuels, has actually risen from 25% to almost 30% of world energy use. And while European countries congratulate themselves on reducing emissions, they've increas...