Hacker News Reader

Government should start legislating that non-renewable energy companies must gradually raise their prices to a level such that demand is decreased to a sustainable level. That would be an easy thing for them to do and the outcome is a must if it’s for the survival of the planet. Does anyone know why this policy has not been implemented?

View on HN

The government typically doesn't mandate companies set their prices to a certain level. Instead, they add taxes that then raise the price of the item. For example, there's already a gasoline tax.

Typically no but they have the authority to do so and this isn’t a typical situation.

It is gaining popularity: https://en.wikipedia.org/wiki/Carbon_price

Reply on news.ycombinator.com