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Fossil fuel will be phased out when economically rational. Look at what natural gas did to carbon emissions in the US [0] Some Gov intervention may accelerate
by pteredactyl 7y ago
Fossil fuel will be phased out when economically rational. Look at what natural gas did to carbon emissions in the US [0]
Some Gov intervention may accelerate the change. But overall I’m weary of their efforts.
[0] “Natural gas, which emits about half the amount of CO2 as coal, is being used more extensively due to its lower price and is displacing coal-fired generation...” https://www.c2es.org/content/u-s-emissions/ https://www.c2es.org/content/u-s-emissions/
- alexandercrohde 7y agoUh... it's already economically rational... It's called a "negative externality" and the economic consensus is that the correct way to make a market efficiently operate is by applying a tax on those who generate "negative externalities" (i.e. damage the world around them) that can offset the damage. This is very basic and undisputed economics, so I'm not sure why you're waiving that phrase around.
- pteredactyl 7y agoA tax would have to be enforced globally to be effective. Are you advocating for an International tax collector? To add to that, you could be the arbiter of “negative externalities” since you have such a good handle on theoretical economics. You could then use your authority to tax and save the world. Just want to say I’m very thankful you are here to share your intelligence via undisputed and very basic facts. I didn’t know reality was so black and white until you showed up. Thank you!
- alexandercrohde 7y agohttps://www.youtube.com/watch?v=nBw6KvU51BE https://www.youtube.com/watch?v=nBw6KvU51BE