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chgs 8 hours ago

If I can spend 100k on a tractor cause 100t of pollution or 200k on a tractor causing 50t of pollution I will obviously choose the firmer tractor as the rest of the world pays the price of the extra 50t of pollution.

If the externalities of that carbon generation are priced in I end up paying more for the polluting tractor so I choose the less polluting tractor and make more money.