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Another way to look at it is that the market is smart, but like any other information processing system, can only make the right decisions if given the right in
by rwallace 12y ago
Another way to look at it is that the market is smart, but like any other information processing system, can only make the right decisions if given the right inputs. For the market to make the right decisions about energy policy, the real costs of oil and coal need to be priced in, by applying pollution taxes.