Friday, October 29, 2021

Better than sequestration?

How to sequester carbon cheaply: buy a coal mine! (Marginal Revoultion, Oct. 2021).

Maybe the best way to reduce global warming is for people to contribute to funds that purchase coal, oil, and gas fields. The government could compel contributions by increasing taxes and using the additional revenue to make the purchases. The government could encourage the contributions by making them tax deductions or credits.

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