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Tag Archives: climate change
Cap’n Trade: Effect of additional Emissions reduction programmes will be ZERO
Carbon Tax vs Cap’n Trade – an example EU has currently got a Cap’n Trade scheme going, which oil companies operating on the Norwegian Continental Shelf (NCS) are participating in. One of many problems with such cap and trade schemes … Continue reading
Making Carbon Taxes politically acceptable
The first argument people raise against a Carbon Tax is often “it’s not politically viable”. While this isn’t really my concern – I’m discussing what we ought to do – it is of course an important detail. Connect the Carbon Tax directly … Continue reading
A global Carbon Tax would transfer wealth from Oil Producers to Oil Consumers
An interesting observation with regards to a Carbon Tax is that it would mean that oil consuming states would be levying a tax on the world’s oil deposits – effectively transferring some of this natural resource wealth from the world’s … Continue reading
Posted in Climate Change, Money Matters
Tagged carbon tax, climate change, economic policy
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A Carbon Tax is good for companies
A Carbon Tax is the best way of combating climate change because it gives firms the most stable and easily predicted operating environment. A stable and predictable regulatory framework reduces risk, and risk is costly. Cap’n Trade gives unpredictable price … Continue reading
The Carbon Tax: unloved by right and left
Why did the world end up with Cap’n Trade instead of a Carbon Tax to curb climate change emissions? I believe the answer lies in the idiosyncrasies of the political right and left: the left loves taxes but distrusts markets and prefers … Continue reading
Posted in Climate Change, Money Matters
Tagged carbon tax, climate change, Climate Change Policy
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The answer to making international climate change treaties enforceable? A global Carbon Tax
Why are international climate change treaties such as the Kyoto Protocol unenforceable? Is there anything that could be done about it? A Carbon Tax Treaty would enforce itself If we were to agree upon a global “carbon tax” instead, the … Continue reading
Let’s agree upon a Climate Change Tax instead of reduction targets
That discussing a Climate Change Tax will be more fruitful than discussing emissions reductions directly may sound counterintuitive. Why not discuss what matters – the reductions? The problem with emissions reductions is that it is very hard to know how much … Continue reading
Posted in Climate Change, Money Matters
Tagged cap'n trade, carbon tax, climate change
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New topic launched: Money Matters!
A new topic has been started under the heading Money Matters, and the two first articles are about bank regulation and climate change policy. Enjoy.