This argument is plausible — if you've spent the past 25 years in a cave somewhere. The modern GOP denies climate change and denounces carbon pricing as a tax increase that will destroy the economy. You might as well propose invoking magic unicorns 1/https://twitter.com/JohnJHarwood/status/1218548590815186945 …
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And for what it's worth, it's not even very good economics. Carbon pricing is the Econ 101 answer, but it ignores the role of government in promoting innovation. The spectacular progress in renewables argues that public investment should be central to climate strategy 2/
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Replying to @paulkrugman
Carbon pricing is necessary but not sufficient.
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Replying to @KenCaldeira @paulkrugman
The thing is, what’s a reasonable price to put on carbon? You can make an argument that it should be the cost to sequester, sustainably, the same amount of carbon. The numbers are pretty high though, right now!
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@DanielleFong here's you're new fave book https://en.wikipedia.org/wiki/The_True_Believer?fbclid=IwAR3acTffwUsGDfYAskbsDksYS6czBwLggtgbVjPWM1tPXr3PuJcoTndsrZ4 …2 replies 0 retweets 0 likes
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