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as many here have repeatedly pointed out, we need a massive carbon tax, this cap and trade is subsidising little good, and enabling continued high levels of pollution unchecked.

right now taxes subsidise all kinds of unecological enterprises, this presses on the brakes for positive radical change, which can only make headway if  governments sponsor and subsidise small footprint solutions.

chains of corruption slow down the states' response to the peoples' real needs, so we should push for ever more accountability and transparency. _the whole planet's getting Katrina'd, check out s.e. india, one and a half people homeless from these last floods.

it's scandalous how little attention is paid to reports like this!

great catch, canberra boy, recc'd...

great to have another correspondent in oz.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Wed Oct 7th, 2009 at 11:10:31 AM EST
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sorry, obviously i meant one and a half million people.

the government is trying hard, but there is immense crop and land damage as well as wounded people and crumbled infrastructure.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Wed Oct 7th, 2009 at 12:39:23 PM EST
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I'm a strong believer in cap and trade as the most efficient and least economically damaging way to adjust, but the cap has to be progressively and massively reduced, and nobody (read significant polluters) should be exempt.  The imposition of a gap more or less guarantees the level of emissions.  A carbon tax doesn't guarantee any reduction in emissions at all if people are willing to pay, although you would expect some reduction.

Oh, and I've been at EuroTrib since day one (13 June 2005), although more off than on the last two years...

by canberra boy (canberraboy1 at gmail dot com) on Wed Oct 7th, 2009 at 05:11:49 PM EST
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Good to see you posting again, canberra boy.
by afew (afew(a in a circle)eurotrib_dot_com) on Wed Oct 7th, 2009 at 05:13:44 PM EST
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