Approaching ‘carbon bubble" could wipe trillions from global economy

"For too long, global climate policy has been seen as a prisoner’s dilemma game, where some nations can do nothing and get a ‘free ride’ on the efforts of others. Our results show this is no longer the case."

This bodes ill for countries who rely on carbon exports to prop up major parts of their economies – including Canada, Russian and the United States.

By Matthew Renda

https://www.missoulacurrent.com/outdoors/2018/06/carbon-bubble-economy/