default blog post image

The zero-sum game.

Terry Tamminen has a new post on Fast Company's blog about the carbon taxes and cap and trade:
Climate negotiators favor a system where either a carbon tax or cap-and-trade market system would have businesses and consumers pay the full cost of energy, technology, and consumption of scarce natural resources. Some states in the northeast have already added that cost to electricity and have earned billions of dollars that they can now use to pay for the externalities, like higher costs for health care or crumbling coastal barriers. If the world moves to this more candid accounting, what else will cost more--or less--in such a zero sum game?
Read it all here.