[Reiwa]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

well.... hmm...

The "most efficient" production, in the traditional private sense, is often the one that offloads its pollution costs (externalities) onto society for free, thereby appearing cheap while making everyone else pay for the damage. A carbon tax works by forcing the polluter to include that societal cost in their price, thus correcting the imbalance and making the truly efficient, cleaner methods more profitable.

Thou you have point.

Other societies. They get the externalities and no US dollars.