I was talking to a friend of mine on the phone this weekend and he made a great remark. It was something like this, we were talking about issues in finding the optimal environmental policy and he said: It is like a cheap badly made T-shirt, it fits nobody (not the slim people and not the big people), but it is still useful if you need something to wear. So you will have to wear it if there is nothing else around or you can’t afford anything else.
I’ll get back to this later.