Carbon pricing would raise trillions needed to tackle climate crisis, says IMF
www.theguardian.com
Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28
  • PopOfAfrica@lemmy.world
    2·
    11 months ago

    Governments have unlimited power over companies in theory. Why stop at attacks? Why not just force them?

    If you can’t reach a certain emission goal, you lose your business license. That’s simple.

    • silence7@slrpnk.netOPM
      21·
      11 months ago

      There’s a bunch of economics literature around carbon taxes and cap-and-trade. Either one is more cost-effective at achieving emissions reduction than the kind of approach you describe.

        • silence7@slrpnk.netOPM
          21·
          11 months ago

          Some of what they do represents effort, not just money. In this case, I’m pretty well convinced it’s the case.