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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No, it wouldn't have been enough 20 years ago, either. It wouldn't have taken us to zero emissions. (Well, not before reaching a price where NETs were obviously a better idea.)
The idea is that if you tax carbon, you pressure people to figure out the cheapest ways to reduce carbon emissions, and if you tax the shit out of it you can push emissions down to near zero. Main problem: nobody wants to tax the shit out of it.
That is, nobody who actually has the power to do so.
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