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In defense of cost-effectiveness
Climate and Energy Climate Change Ecofiscal Commissioners Wonk WednesdayHere at the Ecofiscal Commission, our focus on the costs of policy is a bit of a calling card. Yes, we are absolutely interested in the effectiveness of environmental policies (i.e., to what extent do they reduce pollution or environmental damage?) But as a panel of economists, the Commission also cares—quite a lot, actually—about cost-effectiveness […]