‘Cheaper to save the world than destroy it’: why capitalism is going green

Akshat Rathi argues that around the world economies are switching to clean technology as prices drop

The root of the climate crisis is “not capitalism but the corruption of capitalism”, according to the author of a new book on how people, policy and technology are working to stop the planet from heating.

Akshat Rathi, a climate reporter with financial news outlet Bloomberg, argues that smart policies can harness capitalism to cut carbon pollution without killing markets or competition. “It is now cheaper to save the world than destroy it,” he writes, adding that this holds true even when viewed through a narrow capitalist lens.

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