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A comment on Europe’s aggressive new emissions rules put gas engines on notice. Parent comment

Re:Europe’s aggressive new emissions rules put gas engines o... by imtringued on Thursday July 15, 2021 @10:35AM (#27845246)
Actually, giving out certificates for free is bad because it means that planning for a specific certificate price is impossible because the free handouts constantly mess with the prices.

A carbon tax has the advantage that you can plan ahead because the government releases a schedule for future CO2 tax increases.

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Re:Europe’s aggressive new emissions rules put gas engines o... by nabla9 on Thursday July 15, 2021 @10:53AM (#27845464)
No. Free certificates don't mess with the price when there is a predefined cap (as in cap in cap-and-trade). Trade afterwards is the price discovery mechanism.

What messed the system was the reason I mentioned.

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