Monday, 22 November 2021

Three simple low cost actions that can accelerate transition to zero emissions

 David Leitch write a thought provoking article with the above title.

Although not in the first three he recommends a price on carbon. I totally agree. The reason is there is no can do capitalism. Pigou a long time ago showed up instances of where ,as in this case, there is negative externalities. The  price of carbon does not have the effect of pollution or emissions in the price. Put it in and only then do you get can do capitalism.

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