Author Topic: Addressing climate change  (Read 8225 times)

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Offline TimG

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Re: Addressing climate change
« Reply #120 on: June 20, 2019, 01:31:45 pm »
The Federal Carbon Pricing plan does very little to curb emissions. People just absorb the costs and continue with life as normal.
The trouble with the economic models that make most economists think that carbon pricing is wonderful is the models don't care if people suffer by going without because it costs too much or if they actually found an alternative that lets them do the same thing without emissions. All the models care about is demand CO2 emission producing activities goes down. Politicians, OTOH, have to care if a policy results in suffering even if it reduces emissions.