Hi John,

Thanks for your comments. The whole issue of carbon tax and how to make them less regressive (through carbon “dividends”) is a big topic of discussion in the world of professional economists.

Here’s an excellent, long-form story that just ran in the Chicago Booth Review on the topic:

Your point about consumer information is well-taken, but I contend that the strongest message about the carbon content of a product or service comes in the price tag.

Increasing price tags will spur investment in renewable energy resources, but as Richard Rhodes points out in his book “Energy”, it takes a new energy technology roughly 50 years to get to 10% market share. From a geophysical standpoint, I’m not sure if we have 50 years’ worth of time before very serious ramifications begin.

If so, carbon sequestration will be a necessary part of the technology equation. Take a look at my article about Carbon Engineering, a company that is sequestering carbon dioxide from the atmosphere and recycling it!


All the best,

Founder of IOI Capital. Passionate about harnessing the power of the free market to solve humanity’s biggest adaptation challenge.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store