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By internalizing the cost of pollution, specifically, a carbon tax (though also a methane tax and a mercury tax). I don't know if nuclear plants are covering t
by lkbm 7y ago
By internalizing the cost of pollution, specifically, a carbon tax (though also a methane tax and a mercury tax).
I don't know if nuclear plants are covering the costs of storing spent fuel, but they should, and coal and natural gas plants should have to pay for the crap they release into the air.
Markets will only allocate resources appropriately if you internalize externalities. I can't think of a case where doing so is the wrong decision.