Unsuccessful carbon-pricing

Even if prices of renewables are dropping, a carbon-pricing is still required to disadvantage cheaper oil and coal competing with renewables.

Until now, attempts of carbon-pricing have been light, as heavier penalties could hurt the poor. As a result, corporations just passed the cost of these regulations onto consumers, without reducing their hydrocarbon consumption.

These attempts of carbon-pricing are being tweaked in order to bring results. Will it ever work without a spectacular increase of the carbon penalties… at the cost of derailing the economy?

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