In Short Subsidies are deemed arbitrary, which makes them questionable as a prime tool to support the green transition. A Few Details Subsidies are controversial because they are often arbitrarily implemented, with loose relations...
In Short Carbon pricing is unpopular. Currently, carbon pricing experiments are only targeting the largest corporations in the EU or in some US states. A Few Details Until now, attempts of carbon pricing have...
In Short The wages of the middle class have stagnated for decades, while the rich elites are getting richer. A Few Details Inequality is not diminishing, on the contrary. In the future, the poor...
In Short Subsidies could help, but they are uncertain to pass Congress as they are deemed unfair. Subsidies have also no unanimous support as much as global change denial exists. A Few Details Subsidies...
In Short Subsidies have nurtured a green market. As this green market expands, subsidies are slowly losing political support and phased out. A Few Details Subsidies did help a burgeoning green market to find...
In Short COP21 aims to bring every nation on a path to net-zero. This way, no border adjustment carbon tax would be needed between countries. A Few Details COP21 intended to avoid any carbon...
In Short The share of energy is larger in the budget of the poor. Inevitably, any regulation on energy to prevent global warming would burden the poor more than the rich. A Few Details...
In Short The promise of shared self-flagellation with high renewable costs has not motivated countries to act decisively. The paralysis has a root cause: inequalities. A Few Details Growing inequalities are the culprit derailing...
In Short Authorities are hesitant to impose energy-efficiency products, which would incur higher prices for the people. A Few Details Rich countries are only promising strict legislation by 2030 or later, but not much...
In Short COP21 is not a solution per se. It doesn’t include any economic method, only targets of carbon reductions. A Few Details Each nation must implement its own solution, which can include a...