Mar

7

NYT On Dwindling Carbon Tax Hopes

Filed Under Carbon Tax | Comments Off

Basically the NYT piece says what Ive been saying all along.  A carbon tax is much easier for everyone to understand, and much more transparent and efficient than a cap and trade, but it has little chance of ever being implemented because its a “tax”.

NYT:

Many economists and academics, as well as a handful of Mr. Larson’s colleagues on both sides of the aisle and perhaps a few White House officials, if secretly, agree that a carbon tax is a simpler and more effective means of tackling global warming than the complex cap-and-trade scheme embraced by the Obama Read more

Feb

23

Why the Obama Climate Change Plan Won’t Work

Filed Under Obama, US Carbon Cap and Trade | Comments Off

Press release:

Political Support for Cap & Trade Will Not Overcome Its Practical Shortcomings

WASHINGTON - February 23 - President Obama’s proposed cap-and-trade plan for reducing greenhouse gases will not achieve the reductions quickly enough to prevent devastating climate change, according to an analysis posted today by Public Employees for Environmental Responsibility (PEER). The broad political support for cap-and-trade scheme is rooted in its biggest flaw - that an incremental approach designed to keep prices for carbon-based energy low will be insufficient to accomplish a quick shift in energy sources. Read more