How does carbon pricing work?

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2026-05-22 21:31:10 -

How Does Carbon Pricing Work? There is a habit in economics, especially in rooms with polished tables and filtered air, to speak about carbon as though it were an abstraction. A metric. A unit. A derivative of energy consumption. Yet carbon dioxide is physical. It leaves a tailpipe warm. It rises from a smokestack with the invisible confidence of empire. It lingers in oceans that absorb heat...

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