Faculty News

Professor Petra Moser shares why she believes industry self-regulation will not mitigate climate change in the absence of a carbon tax

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Excerpt from MIT Sloan Management Review -- “Carbon dioxide emissions create monumental social costs, which are not covered by industries that burn fossil fuels. Firms have no incentive to volunteer paying for these costs. In fact, that would be a really dumb business decision. This is a place where ‘self-regulation’ fails, and we need evidence-based government policies.”

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