Related by context. Frequent words. (Click for all words.) 47 environmental impacts 46 moral hazard 46 perverse incentives 45 disincentives 44 impacts 44 globalization 44 spillovers 44 multiplier effect 44 corollary 44 environmental degradation 43 globalism 43 fallacy 42 spillover effects 42 determinants 41 societal 41 inefficiencies 41 fallacies 41 GHGs 40 consequences 40 imbalances 40 transnational corporations 40 unintended consequences 40 neoliberalism 40 environmentalism 40 tradeoffs 40 unquantifiable 40 countervailing 40 feedback loop 40 fossil fuel 39 distortions 39 arbitrage 39 neo liberalism 39 capitalism 39 interdependence 39 non tariff barriers 39 collectivist 39 fossil fuels 39 phenomena 39 intermediation 39 consumerism 39 carbon 39 overconsumption 38 variables 38 Keynes 38 capitalistic 38 capitalist 38 globalized 38 polluter 38 equation 38 priori 38 inequality 38 crony capitalism 38 misallocation 37 downsides 37 carbon sequestration 37 risks 37 evils 37 minimization 37 exogenous 37 root causes 37 burning fossil fuels 37 inescapably 37 capitalists 37 reputational 37 Stiglitz 37 economics 37 underdevelopment 37 carbon sinks 37 interdependencies 37 ecological 37 Keynesian 37 Waxman Markey 37 inherently 37 mechanisms 36 interconnectedness 36 laissez faire 36 John Maynard Keynes 36 internalize 36 quantifiable 36 empirical 36 empirical evidence 36 imperatives 36 ICTs 36 mutually reinforcing 36 statist 36 liberalization 36 regulatory frameworks 36 paradox 36 interdependent 36 hazardous wastes 36 Protectionism 36 burdens 36 egalitarianism 36 social cohesion 36 carbon emissions 36 extractive industries 36 impediments 36 greenhouse gasses 36 climate change 36 inequity 35 foregone