May 4, 2023

Thanks - I think this is a really good articulation of how hard it is to contract for multiple benefits. To be honest, I am not convinced stacking will ever work at scale (not least because of the risk of high transaction costs) - but it might be possible to achieve something similar via regulation and some simpler rules to thumb.

Andrew Sissons
Andrew Sissons

Written by Andrew Sissons

I’m an economist and policy wonk who’s worked in a range of different fields. I mostly write about economic growth and climate change, and sometimes both.

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