Climate Change

While governments around the world have tried to coordinate their efforts to rein in the emissions causing climate change, critics rightfully argue that the targets they have agreed to are too modest. But structural obstacles to the kind of cooperation needed to address the problem make it unlikely that a solution will be reached.

Farmers’ protests over the Dutch government’s plan to cut ammonia pollution highlight the political challenges of bringing farming practices in line with environmental objectives. But the problems the new policy is meant to address also serve as a warning to food producers everywhere: Factory farming is a dead end.

The dramatic rise of fuel prices worldwide, triggered by Russia’s invasion of Ukraine, has set alarm bells ringing. With millions of people struggling to afford “record-high” prices of gasoline and diesel, many governments are now looking into introducing subsidies or tax discounts to alleviate the financial burden placed on their citizens. These initiatives are much needed. They could offer valuable relief to the poor, who have been hit hardest by the price hikes, and could prevent anger over cost-of-living increases from congealing into domestic political crises. However, they also showcase how short-sighted and reactive most governments of today are, considering policies like [...]