Are carbon prices working? Economists say that raising the cost of burning coal, oil, and gas is
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Are carbon prices working?
Economists say that raising the cost of burning coal, oil, and gas is a cost effective way to lower carbon emissions, but most countries that have tried this solution have not set prices high enough to bring large enough cuts.
What are the costs of using less coal, oil, and gas to produce electricity? Who bears these costs: the users of electricity or the owners of power plants, or both the users and the owners?
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