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Building a green economy

Politicians and media outlets of different stripes paint wildly different pictures of the effect of environmental regulation on the economy. How aggressively should policy makers regulate carbon emissions? Do climate change laws hurt the economy—or help it? Which studies of cost are being taken out of context—and by whom? New York Times columnist and economist Paul Krugman looks at areas of agreement and controversy among environmental economists, writing, “we can afford to tackle climate change.”

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