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https://blog.sentinel-team.org/p/global-risks-weekly-roundup-202025-df7/comment/118650632

Roman on Sentinel Global Risks Watch

You've got the economics of the oil price backwards in that sentence "The energy sector is in the midst of a protracted decline. This is good news for the environment."! A higher price would discourage even more consumption of course, benefiting the environment more. This is why economists support Pigovian taxes.



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Roman on Sentinel Global Risks Watch

https://blog.sentinel-team.org/p/global-risks-weekly-roundup-202025-df7/comment/118650632

You've got the economics of the oil price backwards in that sentence "The energy sector is in the midst of a protracted decline. This is good news for the environment."! A higher price would discourage even more consumption of course, benefiting the environment more. This is why economists support Pigovian taxes.



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https://blog.sentinel-team.org/p/global-risks-weekly-roundup-202025-df7/comment/118650632

Roman on Sentinel Global Risks Watch

You've got the economics of the oil price backwards in that sentence "The energy sector is in the midst of a protracted decline. This is good news for the environment."! A higher price would discourage even more consumption of course, benefiting the environment more. This is why economists support Pigovian taxes.

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      You've got the economics of the oil price backwards in that sentence "The energy sector is in the midst of a protracted decline. This is good news for the environment."! A higher price would discourage even more consumption of course, benefiting the environment more. This is why economists support Pigovian taxes.
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