White House eyes subsidies for nuclear plants to help meet climate targets

Re:White House eyes subsidies for nuclear plants to help mee... by LorenPechtel on Wednesday May 05, 2021 @12:22PM (#27051932)

Exactly. Put the costs where they really are.

I would make a bit of of a change, though--make the carbon tax refundable. Lets say you tax CO2 emissions at $100/ton. You then pay $100/ton to anybody who effectively sequesters CO2.

In fact, I would pretty much scrap the emissions rules and replace them with taxes of this sort. There should be no acceptable level followed by fines, there should be a cost from the first gram.

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Re:White House eyes subsidies for nuclear plants to help mee... by travisporter on Wednesday May 05, 2021 @12:23PM (#27051960)

Is this different from the "trade" of cap and trade?

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Re:White House eyes subsidies for nuclear plants to help mee... by sagarm on Wednesday May 05, 2021 @01:44PM (#27053113)

Yes, because in cap and trade the amount of pollution is decided by policy and price by the market.

In this fine-based policy, the price is set by policy and quantity by the market.

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