Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

a tax levied on any market activity that generates negative externalities


The neoclassical logic behind carbon pricing seeks to make companies factor the cost of pollution into their budgets. It's what's known as a Pigouvian Tax, and whether it actually succeeds in curbing emissions is secondary to whether it breeds efficiency.

—p.111 The Eco-Right’s One Simple Trick (111) by Kate Aronoff
notable
9 years ago