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> How do we even calculate the subsidy paid to fossil fuel companies by letting them externalize the cost of their mess onto the planet? I know this was rhetor
by sanxiyn 2y ago
> How do we even calculate the subsidy paid to fossil fuel companies by letting them externalize the cost of their mess onto the planet?
I know this was rhetorical, but the standard method in the literature is Optimal Taxes on Fossil Fuel in General Equilibrium (2014).
https://doi.org/10.3982/ECTA10217 https://doi.org/10.3982/ECTA10217