Cleaning up greenhouse gases after they have been emitted should be incentivized by subsidies. New evidence from an economic analysis considering international markets suggests an important reason why subsidies should be higher than the price put on carbon emissions to incentivize their reduction. Researchers analyze policies for removing carbon dioxide from the atmosphere and storing it underground or in products. The suggested different pricing is not due to technological challenges, but linked to an economic effect called leakage.
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Source: ScienceDaily