Action to restore appropriate price incentives, notably through corrective carbon pricing, is urgently needed to lower the risk of irreversible and potentially devastating effects of climate change.

我们迫切需要采取行动以恢复适当的价格激励政策，特别是通过纠正碳定价，以降低气候变化产生不可逆转和潜在破坏性影响的风险。

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In contrast to the policy recommendations of most economists, relying on monetary incentives to tackle collective choice problems like global warming can actually have perverse effects.

与大部分经济学家的政策建议相比，通过对货币激励政策的依赖而抓住共同选择的问题，例如全球变暖，这样做会造成不良影响。

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In the longer run, however, the damaging effects of price controls on incentives and efficiency will outweigh the benefits.

在长期，价格控制在信号传递以及效率上的不良效果将会超过其收益。

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And then we will conclude that the issue is poor teaching, lack of accountability, incentives, unions, the inevitable effects of poverty, lack of parental support and blah, blah, blah.

FORBES: Focusing on Curriculum

In other words, delayed compensation attenuated the positive effects of the high-powered incentives.

FORBES: The Problem With Incentives

It was only during the subsequent job-rich recovery that the effects of curbs on union power and sharper incentives to work materialised.

ECONOMIST: Free exchange