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Is environmental protection expensive?Is Environmental Protection Expensive? The question arrives dressed as economics, but it is almost always a question about imagination. A river catches fire once and people call it tragedy. A river catches fire twice and investors call it uncertainty. A river catches fire three times and economists quietly rename it “externalized cost.” Language has a way of laundering smoke. For...0 Comentários 0 Compartilhamentos 5KB Visualizações 0 Anterior
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Should governments tax pollution?Should Governments Tax Pollution? The river looked anesthetized. Not dead. Worse. Alive in a diminished way, as if life itself had signed a compromise agreement. I remember standing beside the Cuyahoga years after the famous fire, watching the water move under a film of industrial sheen that caught the afternoon sun like a bruise. Nearby, a father cast a fishing line with the stubborn...0 Comentários 0 Compartilhamentos 5KB Visualizações 0 Anterior
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What is cap-and-trade?What Is Cap-and-Trade? There is a moment that arrives in certain industrial cities just before dawn when the air becomes visible. Not fog. Not weather. A chemistry of exhaust, sulfur, nitrates, carbon, and microscopic particulates suspended low enough to taste. I remember standing near the ship channel outside Houston years ago while a refinery exhaled steam against a bruised sky. A worker...0 Comentários 0 Compartilhamentos 5KB Visualizações 0 Anterior