Bubbles, Manias and Market Failures: the Unintended Consequences of Regulatory Responses

“I’m producing this much carbon now, but I’m betting that in 20 years, there’s going to be some technologies that takes that carbon out,” then how should we regulate those products, because that’s enticing to people. There’s a moral hazard there Continue reading Bubbles, Manias and Market Failures: the Unintended Consequences of Regulatory Responses