The knock-on effect: The curious case of California's LCFS program
If you haven’t already subscribed please click on the link below, or try a 7-day free trial giving you full access. By subscribing you’ll join more than 4,000 people who already read Carbon Risk. Check out what other subscribers are saying. Subscribed You can also follow my posts on LinkedIn. The Carbon Risk referral program means you get rewarded for sharing the articles. Once you’ve read this article be sure to check out the table of contents [Start here]. Thanks for reading Carbon Risk and sharing my work! 🔥 Estimated reading time ~ 15 mins “The knock-on effect: The idea that one action or event has secondary or indirect consequences. In economics the knock-on effect is a reminder that the economy operates as a system in which any action will have subsequent reactions that cease only when a new equilibrium has been reached.” - Oxford Press Dictionary of Economics It’s very easy for policymakers to fall into the trap of thinking that there is some invisible line marking the boundary
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