Question

Many countries are adopting a “wait-and-see” strategy toward CO emissions and atmospheric warming. Is this rational? What would a rational “wait-and-see” strategy look like? (Examples of a countries using wait-and-see)

Answer 1

Wait and See strategy isn't something rational when it comes to the fact about CO emissions and also atmospheric warning and this is because such a strategy upon these instincts can get to create more damage like more pollution etc in the future days with which, an after decision might not help as well.

Examples of wait and see strategy include like the thought of expanding into a new market or not and hold on with wait and see strategy to check out how the economy of the country was doing etc which is something to think about. Such cases happens mostly with the firms of US country.