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buybuydandavis comments on How should negative externalities be handled? (Warning: politics) - Less Wrong Discussion

-5 Post author: nigerweiss 08 May 2013 09:40PM

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Tags: externalities economics mindkiller politics

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Comment author: buybuydandavis 11 May 2013 11:12:19PM 0 points [-]

Yeah, a quota is absolutely inelastic supply, giving wildly erratic price. Pricing incremental emissions gives incremental feedback.

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