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# What passes for money
- URL: https://balaustine.mymagic.page/what-passes-for-money/
- Published: 2012-07-23T08:49:24.000Z
- Updated: 2012-07-23T08:49:24.000Z
- Author: VM
- Tags: Uncategorized, carbon trading, investment, regulation, #Migrated-1787483357778, #wp, #wp-post, #Import 2026-08-23 11:09

How many things will pass for money? Investment and disinvestment are both aimed at regulating growth from one sector to another, but at higher benefit-to-cost ratios, such moves will fail.

Two important cases in point: cap-and-trade in reducing GHG emissions and levying a fee to pursue unauthorized constructions (in cities like Chennai).

The confounding factors are posterity and space: once consumed, the machine cannot be reversed unless there is more investment/sanctioning.