Command and Control Solutions

♪ [music] ♪ – [Alex] We’ve already looked at one solution to the externality problem, Pigouvian taxes and subsidies. You might call that the economist’s solution. There’s another solution, however, which is very common and quite popular to the man in the street and that’s command and control. That’s what we’re going to look at […]

How serious is China about its renewable energy industry?

Most people—let’s face it—most people when they think about China and the environment they think of the black model or the brown model that China is developing; of burning all that coal, importing fossil fuels from all around the world, and they don’t immediately think of China as a major power in renewable energy. So […]