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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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