An obvious step towards reducing CO2 emissions in the US would be raising taxes on gasoline. Americans are driving ever larger and less fuel-efficient cars in part because gas prices have remained steady or fallen in real terms since the 70s. In fact, Ford announced a few months ago that they will stop selling passenger cars in the US (except the Mustang), to focus on more popular trucks and SUVs. But this is just ab…
It seems we are past the luxury of looking for incentives to reduce CO2 emissions. It's about reducing CO2 emissions right now, no proxy allowed, no IFTTT schemes.
There might be a bare minimum amount of CO2 allowed, it's fixed. We could monetize that but it doesn't matter. We can't go beyond that amount.