To Save the Natural World, Put a Price on It

To Save the Natural World, Put a Price on It
A baby Arabian carpet shark is released into Persian Gulf waters during a conservation project at the Jebel Ali Wildlife Sanctuary, in Dubai, United Arab Emirates, April 22, 2021 (AP photo by Kamran Jebreili).

If the deepening climate crisis teaches us anything, it’s that we are embedded in the natural world and ignore this reality at our peril. At last month’s Leaders Summit on Climate, U.S. President Joe Biden pressed the world’s major economies to slash greenhouse gas emissions and unveiled America’s own plans to do so. The U.S. commitment was impressive, if necessarily tentative. It remains to be seen whether a politically divided United States can deliver on the administration’s pledge to cut emissions 50-52 percent below 2005 levels by 2030. Still, the scale of ambition suggested a dawning ecological realism—an overdue recognition […]

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