In a world of BS talking points… it’s heartening to see this one die.
Michael Liebreich, chief executive officer of Liebreich Associates and managing partner of EcoPragma Capital, is more blunt. “There are no longer any so-called hard-to-abate sectors,” he wrote for BloombergNEF earlier this year. “There are only some sectors in which clean solutions are not projected to undercut their fossil-based alternatives, perhaps ever. They will require a carbon price, but it’s an affordable carbon price: one that we are wealthy enough to pay, should we so decide.”
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