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chapter 7
The Core Energy Plan
The entire carbon tax should be returned to the public. … Carbon emissions will plummet far faster than in top-down or Manhattan projects.
—James E. Hansen, NASA climate scientist, 2008.
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Importance: Four key energy polices should match the four key energy-market failures. Tax revenues are no reason for a spending binge—just give them back.
Main Ideas:
• Carbon is under-priced: Use a carbon untax.
• Energy security issues: Oil carbon gets a separate tax rate.
• Consumer myopia: Fuel economy incentives.
• Markets under-reward research: Subsidies for advanced research.
• The untax: Return revenues without regard for energy use, and it will work.
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http://stoft.com/p/29.html | 03/12/10 21:46 GMT Modified: Mon, 05 Jan 2009 00:23:37 GMT
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Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
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