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It's the opposite. It's like saving for pension early, and letting interest on interest do its job.
by matsemann 3y ago
It's the opposite. It's like saving for pension early, and letting interest on interest do its job.
- zeroCalories 3y ago[flagged]
- MostlyStable 3y agoIf the costs of carbon and climate change were fully internalized with appropriately set carbon taxes, I would agree with you. In the absence of that, it's entirely possible that these top down efforts are doing too much, too fast (although they could also be doing too little too slowly). But it's absolutely certain that in the absence of such taxes, the market itself will do it far too slowly. Now, as for what the "appropriately set carbon taxes are" (and therefore how fast is fast enough), that's an entirely political question that depends on the preferences and values of the society enacting the taxes.
- malermeister 3y agoYou're not as one small European country. If only they formed a union of sorts...
- KptMarchewa 3y agoEU accounts for roughly 7% of global emissions.
- malermeister 3y agoExactly!
- fredrikholm 3y ago> You're not changing anything as one small European country. An amazing example of the tragedy of the commons, thank you.
- epolanski 3y agoOil gets tons of subsidies. So does production or environmentally impactful products like meat and milk derivatives e.g. in Europe.