posted on 02/01/2007 11:41:16 AM PST
(Press to Test, Release to Detonate)
A carbon tax would probably be the "least-worst" policy to reduce so-called greenhouse gases.
It would allow for much more flexibility than any regulatory, or subsidy programs. (The least-worst way to pay for CO2 reduction subsidy programs would be from a carbon tax; rather than from, say, income taxes.)
Mainly, it would drive home the costs of reducing CO2 output. People think that governments can wave a magic wand and produce the "benefits" without any costs -- it's all a matter of being a "believer" and not a "denier". When people feel the effect in their pocketbooks; they might start challenging the sensationalized claims the GW warmists make.
Carbon futures is a fine way to game the system coming and going.
posted on 02/01/2007 12:17:23 PM PST
(300 miles north of Big Wild Life)
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