Climate change lends itself to both political economy and humor. Through the lens of thermodynamics, the payment Ecuador seeks for not drilling in the Yasuníiacute; is equitable and efficient.
Joseph Henry Vogel is Professor of Economics at the University of Puerto Rico-Río Piedras and serves on the International Tribunal of Climate Justice.
Graciela Chichilnisky has worked extensively in the Kyoto Protocol process, creating and designing the carbon market that became international law in 2005.
