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chapter 28
Pricing Carbon: What Counts?
Taxpayers are being asked to provide huge subsidies to oil companies to produce oil—it’s like subsidizing a fish to swim.
—Massachusetts Congressman Edward J. Markey, 2006
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Importance: Enforcement requires that carbon-pricing revenue be well defined.
Main Ideas:
• Cap and trade allowances count at their market price when retired.
• Subsidies for fossil fuel must be subtracted.
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FAQs and Answers:
Q: W?
A:
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http://stoft.com/p/95.html | 03/12/10 12:57 GMT Modified: Mon, 05 Jan 2009 05:00:23 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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