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Learned something today. Thanks. Didn't know what a "Pigouvian tax" was.

Somewhat more on topic: in the interview I saw Lomborg didn't talk about earmarking or anything like that, he merely said the money would be better spent elsewhere.

Maybe a carbon tax would indeed be the best way to go about collecting the money, come to think of it. "Want to pollute? Fine. Just pay up for the 'Dikes for Bangladesh' fund first."

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