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A Pro-Market Framework for Driving Decarbonization: Part I
This article argues that decarbonization policy should be rooted in pro-market principles that preserve competition, innovation, and price signals. It critiques subsidy-heavy approaches and proposes market-based mechanisms to accelerate emissions reductions while avoiding regulatory capture and distortion.
Notes on Related Topics
Misalignment (A) – Warns against policies that misalign incentives and distort markets.
Political Risk (A) – Regulatory distortion increases unpredictability.


