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The way to do this is to price in the effect of the transactions on global climate. The reason the market will never solve this issue is because the cost is an
by cortesoft 2y ago
The way to do this is to price in the effect of the transactions on global climate. The reason the market will never solve this issue is because the cost is an externality; if we made it so every good sold included the cost to offset the damage to the environment, the market could address this issue.
- animal_spirits 2y agoThese are called effluent taxes and should be part of the talk around climate change and government. https://www.encyclopedia.com/environment/encyclopedias-almanacs-transcripts-and-maps/effluent-tax https://www.encyclopedia.com/environment/encyclopedias-alman...