5min chapter

Death Panel cover image

Selling Nature to Save It w/ Kathy McAfee (06/29/23)

Death Panel

CHAPTER

The Cost of Carbon Taxes

The theory is that, you know, businesses will care enough and the taxes will gradually increase. The same problem is with carbon taxes: limits have been too generous; caps are set too high. In California, cap and trade has had a little bit of a reduction in our emissions since then, but it has nothing to do with cap and trade. So none of them are really pure market mechanisms.

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