@tjayaraman @nit_set @JMauskar @KanitkarT @rishpardikar I was alluding to a slippery slope of "metrics" & certifications. It's a "fringe benefit." CBAM is a tool to enforce a global uniform carbon price, which isn't fair at a minimum, and inefficient
And we are not even talking about punishing future generations through the use of discount rates (a discount rate of 5% means $1 now is worth only 1 cent in damage in 2100) and people in low income countries with Negishi welfare weights https://t.co/TZBweR
Many people don't know that climate models ensure rich countries don't help poor ones through "Negishi weighting". https://t.co/TZBweRIb2h https://t.co/WTNac8xn1E