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The natural world. Looking pretty for 3.5b years.

Economists Have A One-Page Solution To Climate Change...Price Carbon

a straight forward climate solution exists...price carbon polution

Author: Hugh Bollinger/Sunday, June 30, 2013/Categories: sustainability, climate change

What ecologists have known for some time, economists are coming to realize as well: if you want to make a real impact on the climate crisis, develop a price for carbon pollution.

When a single price/ton for the generated greenhouse gas is developed, market mechanisms would respond with efficiency adjustments. This is not a top-down dictate from a bureaucracy but recognizes the power of technological and business management creativity released from the bottom-up by proper pricing. NPR's Planet Money aired an excellent perspective on how:

Economists Have A One-Page Solution To Climate Change

Not only would the environment greatly benefit from such a climate solution but the economy would benefit from new products and services as well. Whether or not this carbon pricing approach will ever come into effect is anyone's guess, but a lot depends on the answer.

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