Earlier quoted context omitted.
A carbon tax. If addressing climate change relies on people changing habits against their selfish interests, then we are doomed. The externality should be internalised with a carbon tax. It's the simple, most obvious solution and it will cause selfish interest and ethical choices to align when it comes to carbon emission.
I prefer a "green credit" to a "carbon tax". A tax will always be passed on to the consumer, even if the govt taxes Ford, it will just make the car more expensive. Using game theory, a question could be "how do we get Ford to make more electric cars, improve efficiency of electric car production, and incentivize them to advertise electric cars?" My take is that businesses drive change, not consumers. On the whole, co…
Consumer want cars (and appliances in general) that, all else being equal, are cheaper to own and use.
With a carbon tax, Ford can decide whether they want to offer more efficient ICE or electric cars to reach that goal.
(And consumers can decide whether to use any of these options that Ford offers, or to just drive less.
Or, for some, to just suck up the cost and drive the same as before.)