Running out of steam?

Let us set aside the argument about whether global warming is a serious threat that we can address through Government policy. Let’s assume that it is. Given the threat, should we go about reducing carbon emissions in the most expensive way possible? Of course not. Instead, we should allow households and firms to find the most efficient ways to economise on carbon emissions.

Read the full blog post here

Source: http://www.iea.org.uk/blog/running-out-of-steam

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