Tag Archives: carbon tax

Incentive to Slow Climate Change Drives Output of Harmful Gases – NYTimes.com

8 Aug

Gamin’ the system.

So since 2005 the 19 plants receiving the waste gas payments have profited handsomely from an unlikely business: churning out more harmful coolant gas so they can be paid to destroy its waste byproduct. The high output keeps the prices of the coolant gas irresistibly low, discouraging air-conditioning companies from switching to less-damaging alternative gases. That means, critics say, that United Nations subsidies intended to improve the environment are instead creating their own damage.

via Incentive to Slow Climate Change Drives Output of Harmful Gases – NYTimes.com.

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