The Forum > General Discussion > Environmental Policy and Economic Calculation
Environmental Policy and Economic Calculation
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Why does it have to work the way you say? Many people believe that a straight tax on carbon use is far more beneficial than a subsidy for solar etc. Your example of $1 coal vs $2 solar would be much better solved by increasing coal to $2 or even $3 and using the money gained to remediate and prevent the damage done by excessive carbon emissions.
Living standards are the key and I am afraid that many of us will have to curb our profligacy and waste, our consumption and disposable lifestyles. If the whole world were to live like Australians there is no doubt that the earths capacity in resources like water and clean air, energy, land, food etc etc would never be able to cope and collapse would be inevitable.