FILTERED BY DR ZOOM

Major Econ 101 textbook argues for government regulation or taxation of activities that pollute the environment, because otherwise neither producers nor consumers have an incentive to take the damage inflicted by this pollution into account. Given the scale of subsidies we give to fossil fuels, the industry as a whole makes money by ripping off everyone else.

https://www.nytimes.com/2020/01/27/ opinion/greta-thunberg-mnuchin.amp.html