My favorite is the map of the different carbon fees around the globe-- there are a lot! I haven't yet read the first part of the post-- maybe you can share what ETS is? I'm not sure what viral emissions are-- is that also in part 1?
1) ETS stands for Emissions Trading System. This means a marketplace where a limited allocation of Carbon Credits must be bought and sold at market prices. Compare to a Carbon Tax, which has more limited pricing power.
2) "Viral" in this case is a term I'm using here to describe a self-propogating incentive structure. I.e. if a country has a tariff scheme which penalizes everyone who doesn't _also_ adopt that same scheme, then it has a "viral" nature in incentivizing self-propogation.
My favorite is the map of the different carbon fees around the globe-- there are a lot! I haven't yet read the first part of the post-- maybe you can share what ETS is? I'm not sure what viral emissions are-- is that also in part 1?
Good Questions!
1) ETS stands for Emissions Trading System. This means a marketplace where a limited allocation of Carbon Credits must be bought and sold at market prices. Compare to a Carbon Tax, which has more limited pricing power.
2) "Viral" in this case is a term I'm using here to describe a self-propogating incentive structure. I.e. if a country has a tariff scheme which penalizes everyone who doesn't _also_ adopt that same scheme, then it has a "viral" nature in incentivizing self-propogation.