Why Everything is Suddenly Getting More Expensive - And Why It Won’t Stop
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Highlights
- I can put that more simply: the costs of mega floods and fires and typhoons and droughts and plagues now have to be internalized, because the costs of carbon, natural extinction, poverty, ill health, inequality, were all externalized. But these are asymmetrical effects. These costs were externalised for centuries. They will have to be internalized over decades.