revenue-neutral carbon tax; and increased government investment in public goods, on anti-poverty programs, adult literacy programs, and health care.

risk of getting into zones of uncertainty and crossing thresholds that could lead to major changes in regional climates, alter climate-dynamics patterns such as the oceanic thermohaline circulation, or cause rapid sea level rise.

Responsibility. Access to common asset resources carries attendant responsibilities

First, champions of markets and advanced technology propose to solve the climate crisis by harnessing the power of markets and technological innovation to avoid what they regard as the quagmire of government.

formulation and implementation of decisions concerning natural and social capital assets.

So another rule guiding resource extraction and

GDP also leaves out many things that actually do enhance well-being but that are outside the market, such as the unpaid work of parents caring for their children at home or the nonmarketed work of natural capital in providing clean air and water, food, natural resources, and other ecosystem services.

A balance of four basic types of assets is necessary for sustainable human well-being: built, human, social, and natural capital

Refraining from energy expenditure on consumption today in order to use that energy to invest in the infrastructure we need to ensure energy consumption 10, 20, and 50 years into the future, Murphy warns, will require a kind of sacrifice and political will that does not come easily to representative democracies and for which there is scant