A carbon tax seems like a far more sensible solution. However Paul Krugman loves cap in trade. Therefore I must conclude it has high level economic pluses hiding in its complexities. The good news is we are finally doing something. I just hope we are not past the tipping point.
Looking back we should have had this tax about 1945. I wonder what we are doing today that is just as stupid as indiscriminate carbon burning. Maybe, nano plastics? For sure Genetically Modified Organism. General use of pharmaceutical drugs, psychotropics for humans, and anti biotics for animals.
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