«A lot of people would rather
do emissions trading systems, but we believe that carbon taxation would be a lot better,» she said.
Not exact matches
Along with most people who recognise the reality of climate change, I
do not doubt that markets and private property rights have, or can have, an important role to play in handling the problem, e.g., through suitably designed
emissions trading systems and the like.
While a bill to actually implement a cap - and -
trade system eluded state lawmakers in the legislative session that ended in March, they
did direct the state Department of Environmental Quality to study «a market - based approach to controlling greenhouse gas
emissions.»
«A cap - and -
trade system says, «You have to reduce overall
emissions, but how you
do it is your business.»
If Congress acts right away to pass President Obama's Recovery package and then takes decisive action this year to institute a cap - and -
trade system for CO2
emissions — as many of our states and many other countries have already
done — the United States will regain its credibility and enter the Copenhagen treaty talks with a renewed authority to lead the world in shaping a fair and effective treaty.
My point is this: In my view, the Times should find out, and convey to the public (in one place and in organized fashion), the views of each and every Congressperson, and person running for Congress, regarding a moratorium on coal - fired power plants (until their carbon dioxide
emissions can be eliminated), a carbon «cap - and - auction» or «cap - and -
trade»
system, or carbon tax, and related matters having to
do with global warming.
«We don't really have enough time to let the
system work its way out through proposed solutions like a cap and
trading system for
emissions.»
She is in Australia to tell us how good Europe's
emission trading system is and why we should
do something similar.
Japan's draft plan
does refer to the possible use of an
emissions trading system in the future.
As most smaller emitters don't have the administrative capacity to prove their
emissions, they are left out of cap - and -
trade systems, as in the EU less then 50 % of
emissions being covered.
Given that, if one wants freedom of choice and an efficient market, shouldn't one accept a market solution (tax / credit or analogous
system based on public costs, applied strategically to minimize paperwork (don't tax residential utility bills — apply upstream instead), applied approximately fairly to both be fair and encourage an efficient market response (don't ignore any significant category, put all sources of the same
emission on equal footing; if cap /
trade, allow some exchange between CO2 and CH4, etc, based CO2 (eq); include ocean acidification, etc.), allowing some approximation to that standard so as to not get very high costs in dealing with small details and also to address the biggest, most - well understood effects and sources first (put off dealing with the costs and benifits of sulphate aerosols, etc, until later if necessary — but get at high - latitude black carbon right away)?
The FoE also claims that the carbon
trading systems are failing to reduce
emissions, while the traders who take advantage of it are getting rich off climate change — and will soon lose control as they
did with subprimes.
No games, no gimmicks, no
trades, no offsets with something that would have been
done anyway, and where on the planet it happens can't matter, or people will game the
system by moving
emissions to the «proper» country.
But if some offshore drilling and nuclear power entitlements get us comprehensive energy reform, along with a cap and
trade system to limit greenhouse gas
emissions, I'd argue that it's still worth
doing (though I know many who'd argue against it).
In its report the IPCC emphasises the futility of subsidies for renewable energy parallel to an
emissions trading system: «The addition of a CO2 reduction policy to a second policy
does not necessarily lead to greater CO2 reductions,» it says in a literal translation of the IPCC's Technical Summary: «In an
emissions trading scheme with a sufficiently stringent cap other measures such as subsidising renewable energy have no further influence on total CO2
emissions.»
Barreto, L., and G. Klaassen, 2004:
Emissions trading and the role of learning - by -
doing spillovers in the «bottom - up» energy -
systems ERIS model.