1) It's a global problem.
2) Fossil fuels are too cheap for other, less damaging, fuels to quickly and substantially displace under the current circumstances.
3) People and industries respond to price signals.
Therefore, a global carbon tax is sensible a way to more-rapidly phase-out the burning of fossil fuels.
How would you address the problem summarized in 1-3 above?
Cheers,
Scott.
2) Fossil fuels are too cheap for other, less damaging, fuels to quickly and substantially displace under the current circumstances.
3) People and industries respond to price signals.
Therefore, a global carbon tax is sensible a way to more-rapidly phase-out the burning of fossil fuels.
How would you address the problem summarized in 1-3 above?
Cheers,
Scott.