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 Stories About: carbon trading AND climate AND energy AND energy efficiency AND gas prices
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More on the cost of GHG regulation
Short-term high gas prices (hopefully) mitigate long-term environmental disasters |
Andrew Dessler |
18 Jun 2008 |
Gristmill |
| I have been reading Sean Casten's post on the economics of carbon pricing with interest. After some thought, here's my take. A carbon tax or a cap-and-trade system will, without question, raise the price of energy, at least in the short term. In the long-term, it may well be that technological developments lead us to new energy sources that turn out to be cheaper than anything we have today. But that's pure speculation. But in the short term, the costs of a c ... |
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| Topics: carbon trading, climate, energy, energy efficiency, gas prices (all these topics) |
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