Stop Global Warming With Bigger Government And Price Controls, Say Economists
Tuesday, January 6, 2009 - 03:28
in Earth & Climate
A new way to reduce carbon dioxide emissions and tackle climate change had been unveiled by a group of economists. Or an old way, depending on how long you have been around. Under their proposals, companies would buy what are in effect permits to pollute, but the price of those permits would be controlled because the government would retain enough, at a fixed price, to stop the cost increasing above that level. Yes, it is price controls all over again. Welcome to 1972. read more
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