
Externalities
Akimbo: A Podcast from Seth Godin
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The Dividend Will Go Up as Carbon Becomes More Expensive
Once it is an asset that has value, well then we have a lot of opportunities. One opportunity is that it will inherently subsidize things that don't put carbon into the world. And then we're back to that invisible hand that the industrialists likes so much. Once the system is in place, without lobbying or voting, people will work to racht it forward. As industry gets better and better at creating ways to earn these carbon credits, well then the government can increase how much one of these credits is worth.
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