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Vinod Khosla: Don’t be pound foolish on carbon
If our goal is carbon reduction, a cap-and-trade or carbon-pricing bill, with its likely compromises, would be worse right now than no regulation. Pricing carbon below $40 per ton will not change how industry does business or drive adoption of new technologies. With legislation unlikely to support such prices, uncertainty is better than a low price that disincentivizes the development of ...

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