This is a fascinating comment in the Economist. It seems obviously wrong, and (they claim) an opinion held by an entire profession. A carbon tax seems like a very good way of partially solving the problem...pic.twitter.com/41WyHKuIjZ
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the idea is that after you introduce a global carbon tax, there are v strong financial incentives to find the most cost effective way to reduce emissions I.e. ‘planting trees’ and ‘renewable energy’ and so on all become cashflow positive (reflecting their social cost)
This is the answer.
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