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I do not get how this can be so strange to people with a minimum knowledge. I teach energy efficiency in class (including energy policy), and when we talk about the cost of making a transition to a less-polluting technology it is one of the first things that comes.

The front-cost of capital makes wind and natural gas plants two different worlds, where it is very difficult to compare which one is better from a cost-benefit perspective...

This is teh reason why there exist energy policy... you can not remain neutral... pretending to be neutral is not neutral.

the same goes fro taxing CO2.. nto taxing CO2 is no t aneutral position, it is not letting the market work freely.. it means considering that the cost of the externality is zero, or that the life of future generations is practically not worthy (either because they will be so advance that global warming does not matter, or because you just do not care about future generations)

This I teach to undergrads... I guessed most people with a degree would know about that already.

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Thu Dec 31st, 2009 at 11:32:28 AM EST

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