08/19/2020
Love reading about SmartPower's work with Yale & NYU in today's NY Time's. "According to a 2012 study by the economists Bryan Bollinger and Kenneth Gillingham, a carbon tax that induced a family to install solar panels could be expected to stimulate a neighbor’s copycat installation within four months, on average. Let another four months pass, and each of these two will have spawned additional installations of their own, for a total of four.
At the end of just two years’ time, these figures suggest, the initial new installation will lead to 32 new installations. Contagion doesn’t stop there, either, since each of these families will have shared news about their projects with friends and family in other locations."
It’s not too late to fight climate change with a long-overdue policy that would have surprisingly broad impact, an economist says.
