Snow melt due to warmer temperatures has many implications for water supply and flooding but I want to focus on a single issue in this post. The Wall Street Journal reports that melting ice and snow is making climbing Mount Everest more dangerous. The microeconomist studying climate change adaptation asks; “for every person on earth, how much would they be willing to pay for Mount Everest’s climbing risks to not increase?”
Economics Lessons from Snow Melt on Mount Everest
Economics Lessons from Snow Melt on Mount…
Economics Lessons from Snow Melt on Mount Everest
Snow melt due to warmer temperatures has many implications for water supply and flooding but I want to focus on a single issue in this post. The Wall Street Journal reports that melting ice and snow is making climbing Mount Everest more dangerous. The microeconomist studying climate change adaptation asks; “for every person on earth, how much would they be willing to pay for Mount Everest’s climbing risks to not increase?”