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The beauty of a market-based solution is that you don't need to worry about details like that. If you price the externalities appropriately, the market will aut
by Ajedi32 5y ago
The beauty of a market-based solution is that you don't need to worry about details like that. If you price the externalities appropriately, the market will automatically optimize for the most cost-effective, environmentally friendly solution; grounding planes in situations where that makes sense and leaving them running where it doesn't.
And yes, a carbon tax would indeed result in "a greater cost of air travel". That's sort of the whole point.