Tax breaks for fossil fuel productionn -> more projects, more CO2 http://www.nature.com/articles/s41560-017-0009-8 …
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But often it is argued (eg by IMF) that tax incentives don't change investment, (This makes my cognitive dissonance antenna wag)
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Replying to @MForstater
Am not sure it's purely binary. Of course they incentives investment. But at what cost?
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Replying to @Henryemmanuel64
I'm sure u are right.Still our mental frame on impactfulness of incentives seems to switch depending on how we view activity/product itself
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