http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/ Everyone is entitled to his own opinion, but not his own facts. Fri, 10 Feb 2012 09:54:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/comment-page-1/#comment-28146 Tim Worstall Thu, 03 Aug 2006 09:15:40 +0000 http://samefacts.dreamhosters.com/2006/07/uncategorized/subsidies-and-greener-fuels/#comment-28146 Yes indeed, tax carbon. But don’t hypothecate the money. There’s no link to how much it would be optimal to tax carbon (the cost of the externalities) and how much should be invested in alternatives. And you’d really want the investments to be decided by the political process? Change the price structure, sure. But revenue neutral over the whole budget. Let the market react to that changed price structure.

]]> http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/comment-page-1/#comment-28145 Tim Worstall Thu, 03 Aug 2006 09:15:06 +0000 http://samefacts.dreamhosters.com/2006/07/uncategorized/subsidies-and-greener-fuels/#comment-28145 Yes indeed, tax carbon. But don’t hypothecate the money. There’s no link to how much it would be optimal to tax carbon (the cost of the externalities) and how much should be invested in alternatives. And you’d really want the investments to be decided by the political process? Change the price structure, sure. But revenue neutral over the whole budget. Let the market react to that changed price structure.

]]> http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/comment-page-1/#comment-28144 bago Wed, 02 Aug 2006 09:29:44 +0000 http://samefacts.dreamhosters.com/2006/07/uncategorized/subsidies-and-greener-fuels/#comment-28144 You need to balance the market effects. Money raised from the tax should go into a reasearch/operations fund to take care of the effluent. Not into a general fund. Then you get the market oriented consumer side causing a rebalancing of priorities, distributed through all channels, AND the clearly demarcated funds also provide an incentive to solve the problem. Politicians will want it to go into the general fund, because they like spending money. THAT is the weakness of this idea. Done right you attack the problem on many fronts, as from the consumer side you cause all kinds of efficiens to pile up due to a cost re-balancing, AND you provide research incentives for solutions to the problem. Using the price model in an intelligent way. You need to balance the market effects. Money raised from the tax should go into a reasearch/operations fund to take care of the effluent. Not into a general fund. Then you get the market oriented consumer side causing a rebalancing of priorities, distributed through all channels, AND the clearly demarcated funds also provide an incentive to solve the problem.
Politicians will want it to go into the general fund, because they like spending money. THAT is the weakness of this idea. Done right you attack the problem on many fronts, as from the consumer side you cause all kinds of efficiens to pile up due to a cost re-balancing, AND you provide research incentives for solutions to the problem.
Using the price model in an intelligent way.

]]> http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/comment-page-1/#comment-28143 Paul Siegel Sun, 30 Jul 2006 19:09:20 +0000 http://samefacts.dreamhosters.com/2006/07/uncategorized/subsidies-and-greener-fuels/#comment-28143 A carbon tax may work, but I'm skeptical. We need a Manhattan-type project to develop sustainable energy sources A carbon tax may work, but I’m skeptical. We need a Manhattan-type project to develop sustainable energy sources

]]> http://www.samefacts.com/2006/07/energy-and-environment/subsidies-and-greener-fuels/comment-page-1/#comment-28142 Nezua Limón Xoloquinta-Jonez Sun, 30 Jul 2006 18:34:51 +0000 http://samefacts.dreamhosters.com/2006/07/uncategorized/subsidies-and-greener-fuels/#comment-28142 Haha! Your first line (okay, first 11 words) is funny as hell. Haha! Your first line (okay, first 11 words) is funny as hell.

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