Leading from behind
Rational planning demands a price on carbon
EU: €5 (~$7) per ton of CO2
California: $12 per ton of CO2
Shell's internal price: $40 per ton of CO2
EU: €5 (~$7) per ton of CO2
California: $12 per ton of CO2
Shell's internal price: $40 per ton of CO2
Featured Articles
by Mark Freeman, Ben Groom, Frikk Nesje, and Gernot Wagner
The need for massive upfront investments and the likelihood of significant job displacement imply remarkable parallels between the AI buildout and the green transition. In both cases, the state has an important role to play in guiding market forces on behalf of the public good.