infrastructure
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Let millionaires pay to solve our twin environmental and economic crises
Economic and environmental problems are two consequences of one mistake, a mistake every farmer used to know the folly of: eating our seed corn
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A flawed strategy: Why environmental groups should not be chasing carbon dollars
It’s easy to understand. We’ve had eight years of across-the-board hostility to sustainability investments by Bush & Co., and before that eight years of promises with no follow-through by the Clinton crowd. Now green groups are dazzled by the prospect of hundreds of billions of new dollars for mass transit, energy efficiency, and other projects, […]
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Myth: Climate policy is primarily about putting a price on carbon
Environmentalists and economists alike are obsessed with putting a price on greenhouse gas emissions, and with good reason: climate pollution is a classic “externality,” a cost paid not by polluters but by society at large. Pricing carbon internalizes that cost. The policy is “market-based” because it is agnostic toward particular practices, products, or technologies; the […]