For instance, in Nisbet's typology, «ecological activists» such as Bill McKibben and Naomi Klein frame climate change as a product of the global capitalist system, «smart growth reformers» such as Al Gore and Nicholas Stern diagnose climate change as a market failure that can be corrected with more
efficient price signals, and «ecomodernists» such as Ted Nordhaus and Michael Shellenberger believe climate change has been misdiagnosed as an environmental problem and should be reframed as a resilience and innovation challenge.
A legislative approach could provide
an efficient price signal and generate revenue to promote growth, reduce the unsustainable deficit, and compensate those who will bear disproportionate burdens.
Not exact matches
Encouraging more
efficient use of energy requires, for example, not only higher energy
prices but also equipment standards and mandates because many energy users (especially residential users) are insufficiently responsive to
price signals alone.
Mispricing theory would argue that investors are unable to correctly translate information beyond simple financial metrics into
efficient prices, and risk theory would argue that several metrics related to quality are associated with a distinct undiversifiable correlation pattern, which in a multifactor setting may
signal that quality stocks are compensated by a risk premium.
The I.E.A. concluded that «phasing out such subsidies would send a
price signal to create incentive for more
efficient use.»
There is an urgent need to scale up financial flows, particularly financial support to developing countries; to create positive incentives for actions; to finance the incremental costs of cleaner and low - carbon technologies; to make more
efficient use of funds directed toward climate change; to realize the full potential of appropriate market mechanisms that can provide
pricing signals and economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower costs by creating appropriate incentives for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and adaptation.
Expect more skyrocketing electricity
prices, blackouts and load - shedding as Australia's virtue -
signalling, climate theory - obsessed politicians continue their jihad against what was Australia's once proud boast — cheap, reliable,
efficient baseload power.
«A dramatic energy sector transition would require steady, long - term
price signals to be economically
efficient, to allow timely adoption of low - carbon technologies and to minimise the amount of stranded energy assets.
Similarly, on the demand — or customer — side, the idea is that Californians, buildings, appliances and electric vehicles create an intricate, synergetic web that can be made more
efficient and flexible with customer education and empowerment, customer - focused energy
pricing policies and demand - response programs (which allows customers to voluntarily reduce peak electricity use in response to a
signal from their electric utilities and receive a payment for doing so).
The other strength of the
price mechanism is that it allows market participants to respond to
price signals in the most
efficient way, rather than relying on governments and regulators to choose the outcomes.
As part of our commitment to the creation of a more
efficient economy that better tracks externalities, the Ven has particular advantages for everyone, including an embedded carbon
signal and forward
price stability.
PwC 2011, Investigation of the
efficient operation of
price signals in the NEM, PricewaterhouseCoopers report to the AEMC on the review: Power of choice — giving consumers options in the way they use electricity.
The problem with just giving out licenses is that it doesn't send the full
price signal through the full economy — it could make a sector more emissions -
efficient but might miss the opportunity to make the whole economy more efficiently use that sector.
Last,
price - responsiveness will grow as households have opportunities to buy more fuel -
efficient vehicles and appliances, and as society transitions to a more fuel -
efficient infrastructure — once we enact carbon taxes to send clear and strong
price signals.
Price is the most
efficient signaling mechanism we know of to keep supply and demand near the point of equilibrium and the most useful means of quickly and objectively assessing «worth.»