There will be recovery from the COVID-19 crisis, at severe and possibly horrendous cost, particularly for the poor and more vulnerable. But there will be no recovery from the melting of the polar ice sheets and the other devastating consequences of global warming. Here, too, the catastrophe results from a market failure - in this case, of truly earth-shaking proportions. (Noam Chomsky)

There will be recovery from the COVID-19 crisis, at severe and possibly horrendous cost, particularly for the poor and more vulnerable. But there will be no recovery from the melting of the polar ice sheets and the other devastating consequences of global warming. Here, too, the catastrophe results from a market failure - in this case, of truly earth-shaking proportions.

Noam Chomsky

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case catastrophe cost crisis failure ice market melting polar poor recovery warming global consequences proportions sheets

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