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Evening Must-Read: Martin Wolf: Riches and Perils of the Fossil-Fuel Age - Washington Center for Equitable Growth
The sense of the BP report… is that… obstacles are many: costs, technological limits, slow turnover of the capital stock, inability to implement policy globally and natural inertia…. If governments could agree to implement a tax on carbon, they would give a big impulse towards an energy future that is more efficient and less polluting