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Izeinwinter comments on Why economics is not a morality tale - Less Wrong Discussion
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There exists much better work than that on power production externalities. ExternE, for starters. Which mostly prove that the amount of pollution has remarkably little to do with how much power you produce, and a heck of a lot to do with which technologies you use to produce them. Major takeaway if you do not care to read that "Coal is not a good idea, even ignoring the carbon.".