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That quote is about markets, not governments. It's not great to mix up those two like the parent did. Governments are moving to mitigate climate change. Not all
by tom_mellior 7y ago
That quote is about markets, not governments. It's not great to mix up those two like the parent did. Governments are moving to mitigate climate change. Not all of them at the same pace, and none at the optimal pace, but things are certainly improving on the government front.
- fao_ 7y agoMost current governmental structures are innately intwined with the economic system.
- tom_mellior 7y agoYes, which is why the government can fix what the market messed up, because market participants weren't charged for the costs of the externalities they are responsible for. Carbon taxes can change that.
- fao_ 7y agoAt this point, carbon taxes are really pretty much ephemeral, something that is basically too little, too late. You're adding more tax to a pile that the company already doesn't pay.