Ron Bailey of Reason writes on the latest U.N. climate report.
- The IPCC found that poorer nations will be more negatively impacted by climate change than rich nations, due in large part to their inability to adapt.
- By increasing GDP and economic productivity through economic freedom, these nations will be able to raise the standard of living and invest in measures that reduce future impacts of climate change.
- To reduce risk in both poor and rich nations, policymakers around the globe should embrace solutions that are rooted in economic freedom.
“Again, when bad weather meets poverty, people die. The recipe for successfully adapting to climate change is continued economic growth and technological progress.”
Read the full article here.