Climate Change and the DICE tax
This world is highly hypocritical!!! One child gives 50-second speech (and a Darth Vadar ;) look) about climate change and social media is buzzing day and night, a scientist who has been been working on actually solving a problem with economic measures from the 70s goes unnoticed for a year.
This is William Nordhaus, the winner of the 2018 Noble price for Economy for his works on the integration of climate change into long-run macroeconomic analysis. In simple words green accounting, how much every activity costs the environment. Me writing this post costs me nothing but it costs the environment at least 3 threes and 2 squirrels.
Prof. Nordhaus also created a quantitative model that describes the global interplay between the economy and the climate the DICE model. (DICE stands for The Dynamic Integrated Climate-Economy model).
You wanna know more read his paper from 1975 “Is Growth obsolete”, install the DICE model on your computer and play for it a while, see how much everything costs the environment.
IF YOU WANNA ACT
1. CALL UR POLITICAL REPRESENTATIVE AND TELL HIM TO START CHARGING COMPANIES ENVIRONMENTAL TAX OR THE DICE MODEL.
2. SEE HOW PRICE RAISE ON ALMOST EVERYTHING THAT YOU HOLD DEAR
3. SEE HOW THE PLANT CLEANS ITSELF
Wanna know more check izotovconsulting.co