For Jean Tirole, without proactive carbon pricing, the climate transition is off to a bad start


In politics, action is often more expensive than inaction. The change calls into question established positions, the benefits intervene in the medium term, and complex subjects call for answers that are neither unequivocal nor simplistic and therefore difficult to “sell”. On the other hand, inaction handicaps society as a whole in the medium term. It is with this observation in mind that the economists Pascal Blanchard and Jean Tirole established and formulated solutions to the major economic challenges as requested by the President of the Republic. Their commission tackled three challenges: climate change, the aging of the population, inequalities: “they have in common that the effects of political procrastination are delayed over time”, explained Jean Tirole. Deferred but no less serious.


Source: UsineNouvelle – Actualit├ęs A la une by www.usinenouvelle.com.

*The article has been translated based on the content of UsineNouvelle – Actualit├ęs A la une by www.usinenouvelle.com. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!