Assigned reading for Mon Feb 8

1)According to Atkinson and Hackler, what do neoclassical economists view as the most effective policy in addressing the challenges of climate change?

They are in favor of Carbon tax, where depending on how much green house gases you produce you’re taxed on it.

2)The authors discuss their theory of “Innovation Economics.” What reasons do authors cite as to why Innovation Economics offers a more effective framework for addressing the economic realities of the 21st century.

For people to think of new ways to provide clean energy; a new type of market and the best method will make the most money and help fight against climate change. This is to also help with the economy that fluctuates a lot.

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