3 ms·
The problem is that the market is not great at solving "Tragedy of the Commons" situations. The ideal solution, IMO, is to agree a cap on CO2 emmissions, but ma
by Patient0 8y ago
The problem is that the market is not great at solving "Tragedy of the Commons" situations. The ideal solution, IMO, is to agree a cap on CO2 emmissions, but make them tradable, so that the market can be used to figure out the most efficient way to limit the emissions.