Re:The Fake Factory That Pumped Out Real Money
by pjc50 on Sunday July 17, 2016 @01:47PM
(#12110967)
> You still have to check if everybody has paid their emission tax
Presumably the tax attaches to fossil fuel importers and vendors, rather than trying to tax each individual consumer.
Re:The Fake Factory That Pumped Out Real Money
by tamana on Sunday July 17, 2016 @02:24PM
(#12111139)
And every time I go shopping at the department store, I get 30% off, so the more I buy, the more money I get.
Re:The Fake Factory That Pumped Out Real Money
by aoeuasdf1 on Monday July 18, 2016 @03:56AM
(#12113743)
I think you're confused about the mathematics here - cap and trade for cap (C tons) is EXACTLY equivalent to some carbon tax (T dollars) in the behaviors it incentivizes.
Re:The Fake Factory That Pumped Out Real Money
by tomjen3 on Monday July 18, 2016 @11:13AM
(#12115505)
No, I am not. See my other comment here https://news.ycombinator.com/item?id=12110917
Also a tax has to be high enough to offset the average cost of lowering Co2 emissions (since you force everybody to lower their emissions), whereas in a cap-and-trade system the price will the the lowest cost to lower the emissions, since anybody who would pay a higher price will be better of buying the emission permissions and anybody who can save co2 cheaper will be better of selling them.
Thus a cap-and-trade system is always going to be more efficient.