, Columnist
Capitalism Caused Climate Change; It Must Also Be the Solution
The vast sums needed to retrofit energy systems with lower-carbon alternatives will require economic growth.
You broke it; you fix it.
Photographer: Christopher Furlong/Getty Images
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Can the world shrink its emissions footprint without immiserating its population?
We’re seeing a brutal real-world experiment on that front right now. The coronavirus pandemic has caused the the biggest drop in emissions in history. It has also resulted in more than a million deaths and the worst economic downturn since the Great Depression.