"I see glimmers of hope. For example, an economy-wide carbon price, long recognised by economists as the lowest cost way of achieving net zero, is appearing in many conversations."

#NickiHutley, economist, 2025

https://www.theguardian.com/commentisfree/2025/jul/17/protecting-the-environment-has-always-made-economic-sense-now-we-have-proof

Many years ago, some political economists wrote about feeding the revenue from a carbon price into a pool that funds a UBI. So everyone's purchases are subsidised, but carbon-intensive stuff gets more expensive. Clever.

#ClimateChange #NetZero #PolicyNZ