Dark Optimism’s first drug commercial
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Words on religion, from beyond the grave
I am currently hunkered down working on a project close to my heart, editing my late friend and colleague Dr. David Fleming‘s incredible life’s work Lean Logic: A Dictionary for the Future and How to Survive It, for its publication by Chelsea Green later...
The Dangers of Carbon Pricing, and the Canny Way Forward
Lately we’ve seen the president of the World Bank and ‘business leaders from the very carbon-intensive industries’ pushing for carbon pricing (taxes or ‘carbon trading’ schemes). This is intended to demonstrate their deep change of heart...
Beyond Carbon Pricing
Originally published in the Carbon Management peer-reviewed journal on 16th April 2015
The formal version of record can be found here
This is the Abstract, Executive Summary and Introduction of the paper. Full text available here.
Reconciling scientific reality with realpolitik: moving beyond carbon pricing to TEQs – an integrated, economy-wide emissions cap
Abstract
This article considers why price-based frameworks may be inherently unsuitable for delivering unprecedented global emissions reductions while retaining the necessary public and political support, and argues that it is time to instead draw on quantity-based mechanisms such as TEQs (Tradable Energy Quotas).
TEQs is a climate policy framework combining a hard cap on emissions with the use of market mechanisms to distribute quotas beneath that cap.
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