Here’s the lead: taxation. Imagine that. People avoid pain more than gain pleasure, and people are sensitive to their wallets. “By contrast, taxation is a nota

Here’s the lead: taxation. Imagine that. People avoid pain more than gain pleasure, and people are sensitive to their wallets. “By contrast, taxation is a notable exception in effectively causing large emission breaks alone. It stands out as the only policy instrument that achieves near equal or larger effect size as a stand-alone policy across all sectors.“