3 ms·
In order to function well, markets have to be correctly regulated. In particular, externalities must be accounted for. Energy markets fail to do that (CO2 emiss
by jeanperrot 7y ago
In order to function well, markets have to be correctly regulated. In particular, externalities must be accounted for. Energy markets fail to do that (CO2 emissions is a large externality) and are broken - I wager we wouldn't depend on fossil fuels for much longer if it weren't the case.