Detailed text transcripts for TV channel - MSNBC - 20140618:03:59:00
Problem solvable. >> yeah, i mean, i think it's a tough thing. the biggest problem that we have right now is that we have a breakdown in the market system. i'm ordinarily quite a big believer in the market because the market is just the sum of individuals' decisions. but when there's a breakdown in the information mechanism, the market, that's where things go awry. so because there's no price on carbon emissions, it makes things that are carbon producing very rewarding. because the true price is not being paid. so if you're a petrochemical engineer, you can earn a huge amount of money but you ...