James K. Boyce, emeritus professor of economics, writes that to meet climate goals, it’s necessary not just to promote energy efficiency but also to curtail the supply of fossil fuels.

James K. Boyce, emeritus professor of economics, writes that to meet climate goals, it’s necessary not just to promote energy efficiency but also to curtail the supply of fossil fuels. He says curbing the supply of fossil fuels will raise their price, effectively putting a price on carbon emissions. (Institute for New Economic Thinking, 7/22/19)