Bu US drugs standards, maybe, but given that they plan to sell billions of doses...

BurningFrog · on March 23, 2021

Here is how I think of the numbers:

So far the US has spent $5300B on Covid relief packages. That's around $15,000 per American.

If a vaccine dose can save $15,000, $30 is absurdly cheap. $3000 would be an incredible bargain!

This is also why the EU haggling over a few dollars per dose looks so insane to those who have done the math.

tim333 · on March 23, 2021

Also if governments had said we want vaccines! Will pay $100 a head for an effective one I think private enterprise would have cranked out billions by now. Supply depends on how much you invest in production.

Maybe it's late with vaccines but the same principle applies to carbon. Set a $200 carbon price and private enterprise would go crazy with plans to take advantage.