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

Read the whole article on Scientific Blogging

More from Scientific Blogging

Related

Latest Science Newsletter

Get the latest and most popular science news articles of the week in your Inbox!