| There's this pattern of: - We should do "X" - But doing "X" won't solve "Y" - But "X" will help - But "X" won't solve - But "X" is necessary - But "X" isn't sufficient And I think the unstated conclusions are whether we should actually do "X" or not. I think the answer is usually Yes, we should do X (in this case, plant as many damn trees as we can), but I also think that's me arguing from an individual perspective and not a group psychology perspective. Like, when people argue "but focusing on trees could distract us from addressing the entire problem", I used to just be dismissive of that, but I'm starting to feel like those objections should be taken more seriously - particularly having gone through this COVID debate where people focused so much on "flattening the curve" - which was necessary, not sufficient - that too many people signed on to gradual reopening just as the (high-amplitude) curve started flattening. If we had socialized a different benchmark, maybe it would have been more effective in the long run. (But still, even if only in parentheses, plant trees.) |
But when you have to attach a price to something, you have to essentially put up or shut up. Either your project is as efficient as you claim or you lose money. And if your project suffers from economies or dis-economies of scale? Prices can incorporate this information too. Prices keep us honest.
That's why a cap-and-trade system is the best approach for limiting and reducing carbon in the atmosphere. Put a price on the externality and the market will find a way to drive it down as far as it'll go.