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What's the "actual cost" they compare to? It needs to include environmental externalities like CO2 contribution to global warming.
by zurn 9y ago
What's the "actual cost" they compare to? It needs to include environmental externalities like CO2 contribution to global warming.
- vixen99 9y agoAnd there's endless debate about what that is. If you disagree with that statement then please give a definitive universally-accepted (by those able to assess the methodology) value for the climate sensitivity. There isn't one. Currently as far as I can tell, values up for that debate range from < 1 to 5.5.
- fulafel 9y agoThat applies to costs in general though. Prices are noisy signals. But there is price information available in co2 credit trading systems.