The Madrid climate conference's real failure was not getting a broad deal on global carbon markets
- Written by Robert Stavins, A.J. Meyer Professor of Energy and Economic Development, Harvard Kennedy School
Activists protest outside of COP25 climate talks in Madrid, Dec. 14, 2019.AP Photo/Manu Fernandez
Press accounts of the Madrid climate conference that adjourned on Dec. 15 are calling it a failure in the face of inspirational calls from youth activists and others for greater ambition. But based on my 25 years following and analyzing this process tog...

