C-MACC Weekly “CRETER” (Climate etc.)
“Let It Snow”: Carbon Costs, Values and Behavioral Change
- The best mechanism for curtailing carbon and equivalent emissions remains undecided, with a mixture of penalties, incentives, and trading mechanisms spanning the globe. Canada has thrown down the gauntlet with an aggressive tax.
- The ideal “balanced” mechanism creates incentives for investment, which will produce jobs (CCS, renewable power, hydrogen, for example) at least as fast as it removes them from traditional energy sector companies. No obvious proxy exists, but we think a tax can do the trick with the right construct and accountability.
- We discuss the mathematical problem facing 100% recycled polymer initiatives
See PDF below for all charts