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How do we tackle climate change? In the climate policy arena, it is common to hear that one of the foremost solutions to the problem is to put a price on carbon. This idea has been advanced by economists, frequently endorsed by climate scientists, and supported by businesses, including (ironically or not) the oil and gas industry. So, can carbon pricing truly save the world?

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Carbon dioxide isn’t the only one that matters, and the gases vary widely in potency and duration