The Seen and the Unseen - hosted by Amit Varma cover image

Ep 278: Climate Change and Our Power Sector

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

Climate Transition - The Lowest Fruit of the Cocoanut Tree

The climate transition will introduce costs upon society. The only question is, do you want to pay more or less? A centrall climate transition will always be more expensive than a climate transition that is implemented through the price system. And i just want to underline that we say carbon tax, the price of fossil fuels should go up. Subsidies on electricity should go away. Prices of electricity should fluctuate through the day. So there will be some six p m urge at which your use of the air conditioner will be rather expensive. Well, there is an alternative, which is a centrally planned climate transition.

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