I'd say its the only human system, with all variations including the one western/modern man knows regulated to some degree via currency requirements or outright regulation/taxation.
Second paragraph, true cost pricing seems a valid scheme, but its hard to set for the topic at hand. There is no "true cost" to certain environmental impacts, CO2 especially. They are currently estimated based on very different assumptions as we have no idea what the financial impact will actually be. If you want to regulate CO2, just tax it (or cap and trade, but that sets up issue by itself). Everyone along the consumer chain will pay it, and the end product will be priced accordingly.
Oct. 13, 2021, 8:45 p.m. - Bikes
I'd say its the only human system, with all variations including the one western/modern man knows regulated to some degree via currency requirements or outright regulation/taxation. Second paragraph, true cost pricing seems a valid scheme, but its hard to set for the topic at hand. There is no "true cost" to certain environmental impacts, CO2 especially. They are currently estimated based on very different assumptions as we have no idea what the financial impact will actually be. If you want to regulate CO2, just tax it (or cap and trade, but that sets up issue by itself). Everyone along the consumer chain will pay it, and the end product will be priced accordingly.