
Originally Posted by
Quasievil
I query how you will feel after the Copenhagen treaty is signed and you start getting $3,000 bills every year in your letter box, I also ask you how you think that money will be spent and lastly do you think it will make any difference ?
This is the interesting bit I think.
Carbon taxes - and trading work by rationing carbon. Your ration card looks like a $100 note, so it effectively stops the poor accessing cheap energy.
The idea is that the higher price will cause a lowering in demand for carbon intensive products and services, with someone (I'm not quite sure who) clipping the ticket as the carbon credit whirls past, to make a fortune bigger than Bill Gates.
Its the perfect product, the carbon credit. You don't have to manufacture it, store it, or transport it. It can't be stolen or forged, but its worth billions of dollars. You can sell it, sell futures in it, and raise finance on the strength of having it.
Yey it all comes down to the idea that putting the price up will lower demand.
If we really HAVE to do something, and the tool we are going to use is increased prices, then IMHO it sould be a simple tax, with no trading. Then the Tax money could be used for REAL environmental projects.
For example, this years tax could be used exclusively for restoring wetland areas. Next years tax for another environmental project with a clearly defined outcome, and clearly defined costs.
Carbon trading has clearly defined costs and benefits.. but the environment is not considered except as a side effect.
Really, carbon trading is the biggest scam we have ever been subjected to.
David must play fair with the other kids, even the idiots.
Bookmarks