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Conservatives must not surrender climate policy to the Left: a market carbon price works wonders

It is backed by all former chiefs of the US Federal Reserve and a roster of Nobel economists from Keynesian Left to the free-market Right. 

The fee starts at $15 a tonne and ratchets up $10 every year until the task is done. The higher the carbon fee, the bigger the citizen bonus. 

The political psychology of carbon abatement is transformed instantly.  

Ambrose Evans-Pritchard Telegraph 10 February 2021


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