Why Carbon Taxes Really Work

Share This Post

“The brilliance of a carbon tax is that we would not have to [know a product’s carbon emissions],” says Tim Harford. A carbon tax would show consumers how much the products they would be purchasing contributed to global CO2 levels through raised prices. He says that needing to pay more will likely affect our spending habits, which will, in turn, affect the profit margins of producers who will also be hit by carbon taxes during production. The carbon tax system can, by itself, drive consumer change. Read full article here

More To Explore

Science

An Eerie Poisonous Fog

If you’re visiting a farm, keep an eye out for an ominous-looking bronze fog. Nitrogen tetroxide, a red-orange gas, is made by certain bacteria during fermentation when oxygen is lacking in the crop. The lack of oxygen causes the bacteria to use the nitrate within the crops, which then produces nitrogen tetroxide. Inhalation of the gas is known to cause permanent lung damage or kill people and livestock. To prevent this, farmers have started performing¬†nitrate tests after four weeks of fermentation. Read full article here

Psychology

Happiness Is Two Scales

It’s put forth that happiness and unhappiness should be viewed as two different ‘scales’, not either end of one scale. For instance, if you’re not satisfied with your life, try to identify the root problem: do you not have enough happiness, or are you just unhappy? Depending on your answer to the question, the solutions may differ. Read full article here

Do You want to embrace intellectual freedom and join our premium users?

FASCINATING READS, SUMMARISED

The occasional email full of conversation-worthy content