
13: Could a New Global Currency Help Avert the Climate Crisis?
Pricing Nature
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Carbon Tax
Carrots are policies that reward good behavior, and sticks punish bad. venessa's argument is we can't have a coherent suite of policies with only sticks and no carrots exactly. A carbon tax policy could pretty easily be written to provide tax credits for carbon sequestration or to accept removal offsets as tax liability reduction rate.
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