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Carbon taxing is, in some suitably narrow economic point of view, optimal, but it seems it's politically almost impossible to get it passed. The other popular
by jabl 8y ago
Carbon taxing is, in some suitably narrow economic point of view, optimal, but it seems it's politically almost impossible to get it passed.
The other popular large-scale technology-neutral suggestion, cap-and-trade, suffers from much of the same problems. E.g. the EU ETS is mostly a bureaucratic boondoggle that achieves nothing (the price is so low it doesn't have much, if any, effect).
So what then? Well, performance standards may not be as neutral as a carbon tax/cap-and-trade, but they seem politically much more palatable: https://www.vox.com/energy-and-environment/2018/11/16/18096352/climate-change-clean-energy-policies-guide https://www.vox.com/energy-and-environment/2018/11/16/180963...