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S5 Ep51: The great carbon arbitrage

VoxTalks Economics

CHAPTER

The Energy Transition Accelerator - Part 2

John Kerry has proposed an energy transition accelerator phasing out coal. It's financed by selling carbon credits at $30 a ton. The not so good part is when you say $30 becomes avoided. Who's going to pay that and why? If you're really serious, let's say a corporation in the US or Europe. And it's cheaper for them to do that by buying offsets than doing it directly.

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