tag:blogger.com,1999:blog-451989601890385172.post5880701162004007690..comments2023-09-25T21:20:27.863+10:00Comments on Nuclear Australia: Cap & Trade - inadequate & inneffectiveEdhttp://www.blogger.com/profile/00021931700499537674noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-451989601890385172.post-33774022281117794802011-03-01T02:59:03.967+11:002011-03-01T02:59:03.967+11:00Are you suggesting emissions trading down to the l...Are you suggesting emissions trading down to the level of an individual? Sounds pretty complicated, potentially wasteful and beyond the way it's implemented in Europe at the moment. Take the example further, say the lion's share of an entire community decides to go green and place their grandfathered clunker's credits on the market. The price - at least locally - would tank. People Nuclear Australiahttps://www.blogger.com/profile/17626325905460792450noreply@blogger.comtag:blogger.com,1999:blog-451989601890385172.post-25863950939008727502011-03-01T02:09:10.660+11:002011-03-01T02:09:10.660+11:00Not sure about that last example. If both people w...Not sure about that last example. If both people with gas guzzling clunkers were covered by emissions trading scheme then they might either be grandfathered caps representing half a Hummer's-worth of emissions, so thatthe person swapping to a bike could sell their emissions credits to the person still driving the clunker. Alternatively if there was no grandfathering of credits the person JonathanCobb@WNAhttps://www.blogger.com/profile/05465691277653461231noreply@blogger.comtag:blogger.com,1999:blog-451989601890385172.post-82083674588876451282011-02-26T08:33:42.323+11:002011-02-26T08:33:42.323+11:00I don't think so. A cap and trade system will ...I don't think so. A cap and trade system will guarantee a carbon floor - such that emission will never dip below. The mechanism being the crash of carbon credit prices as (if) emissions approach the target; thereby giving polluters a cash incentives to increase generation via fossil fuels. However, with inefficiencies in the system and - worst of all - carbon offsets will ensure real world Nuclear Australiahttps://www.blogger.com/profile/17626325905460792450noreply@blogger.comtag:blogger.com,1999:blog-451989601890385172.post-39594653639505549382011-02-26T07:25:31.895+11:002011-02-26T07:25:31.895+11:00A carbon tax will overshoot or undershoot the targ...A carbon tax will overshoot or undershoot the target CO2 output while in theory a tradeable cap gets it every time. If the economy is doing well the spot price increases and conversely backs off when the target has been reached. I agree that many offsets are most likely illusory or fraudulent. However that's not unique to C&T as offsets could easily be allowed as deductions from carbonJohn Newlandsnoreply@blogger.com