How buying dirty fossil fuels can benefit the climate: it’s all about economics

Environmental policy has historically been driven by a demand-side mindset — attempting to limit consumption of precious fossil fuels through pollution permits, taxation, and multi-national climate change treaties. However, new research from the Kellogg School of Management at Northwestern University suggests that actually buying coal, oil and other dirty fossil fuel deposits still in the ground could be a far better way to fight climate change.

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