The More Climate Skeptics There Are, the Fewer Climate Entrepreneurs
Harvard Business Review
MARCH 16, 2017
In other words, climate skeptics don’t just stymie progress on climate policy. Consider the example of a new drug for curing baldness. A drug company must incur a large fixed cost to do the basic research, so it has strong incentives to predict what the demand for the drug will be if its research succeeds.
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