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The libertarian answer to global warming is law such that free markets are free of externalities. Carbon tax is a start to align incentives so that people don't
by reducesuffering 3y ago
The libertarian answer to global warming is law such that free markets are free of externalities. Carbon tax is a start to align incentives so that people don't get a freebie by ruining other peoples' air.
- imtringued 3y agoThe libertarian answer is to deny his own theories by ignoring inconvenient information.
- dTal 3y agoJust ban fossil fuel extraction. Then fossil fuels will become too expensive to burn. That is a much more "free market" solution than a byzantine system of taxes that will probably fail to adequately model all externalities.
- reducesuffering 3y agoYou're hopelessly naive and haven't read even a few hours into the economic ramifications of 0 zero fossil fuels in the current global economy. Their products are embedded into everything and many simply don't have alternatives. Our best hope is to account for the fossil fuel externalities such that their use (probably at a significant reduction) accurately pays to remedy the consequences. There is no world you'd want to live in with 0 fossil fuels.