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Pricing emissions is certainly a good idea. EU is doing it - https://ec.europa.eu/clima/policies/ets_en https://ec.europa.eu/clima/policies/ets_en, but it's too
by perfunctory 7y ago
Pricing emissions is certainly a good idea. EU is doing it - https://ec.europa.eu/clima/policies/ets_en https://ec.europa.eu/clima/policies/ets_en, but it's too weak, prices are too low. And that's kind of my point - politicians will never price it to the point where it harms growth.
- clarry 7y agoThey could even reduce growth, but regulating one's continent out of competitiveness with the global market is one hard pill to swallow.