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by atmavatar 26 days ago
> what are climate change discussions, if not a discussion about externalities?

Climate change has been discussed for well over a half century, yet one of the main priorities of the current administration has been to hamstring renewable energy and promote coal and oil. I think it's pretty fair to say the issue is being ignored.

2 comments

Ignored by the administration, not by economists. The administration is a political body and proved over and over they don’t care at all about economists opinion (see everything from this admin about tariffs and trade policy)
Carbon tax, plastic bag tax, etc. are from the learnings from economic externalities that is applied to climate policy. Other non climate externalities based policies are sugar tax, alcohol/cigarette/drug tax, education, healthcare, etc.