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More carbon coins?

yes   1 vote - 100 %
no   0 votes - 0 %
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not no   0 votes - 0 %
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An advantage of fossil fuel is that it is cheap, if you ignore the externalities. Coal, oil, gas--they're cheap fuels. Changing to sustainable supplies changes the equation: in some cases they're cheaper and in others they are more expensive.

Based on (a severely simplified version of) that argument, a rallying cry amongst the climate change skeptics is that changing will hurt the poor more than the wealthy.

Therefore, any carbon pricing system must include a clearly visible and apparent-to-everybody system for making it suitable for others than the Tesla car buyers and off-grid mansion owners.

by asdf on Fri Aug 20th, 2021 at 11:47:46 PM EST
These days, in almost all cases, renewables are cheaper than fossil foolishness, even combined cycle natural gas in most regions.  In any case, renewables are the majority of new energy supply being built, quarter after quarter around the world.

And this is with the Commies at the International Monetary Fund estimating that, in USAmerica alone, annual subsidies for fossil fools is about $649 billion.

Yes, justice requires that renewables should be available for more than the wealthy but then there isn't much justice in this world these days.  We'll have to push hard for it.

Solar IS Civil Defense

by gmoke on Sat Aug 21st, 2021 at 07:00:37 PM EST
[ Parent ]
Carbon credit trading is a financial instrument which does nothing to enforce objective, physical GHG emissions volume (p/mil) reduction at point-of-generation EXCEPT create a securities market AND inflate price of externalities, IF booked as S/T financial liability recognized by a reporting "going concern".

Whose idea was that?

by Cat on Sun Aug 22nd, 2021 at 04:41:53 PM EST
[ Parent ]
Economists and environmentalists have been trying to figure out a way to "put a price on carbon" for about three decades now and carbon credit trading is one method they've come up with.  There's also lifecycle cost assessment and full cost accounting but those require more work.

Personally, I don't believe there will be a price on carbon emissions within the less than one decade timeframe Mama Gaia has given our species but then I've been using Heifer International's tree planting program as a carbon offset for my once every five years or so air travel (about the amount one can travel according to a Dutch Greenpeace "just sustainability" study I read about in the 1990s) since the 1980s.

Solar IS Civil Defense

by gmoke on Sun Aug 22nd, 2021 at 07:52:36 PM EST
[ Parent ]
Carbon credit trading at least does expose the cost of externalities. That is somewhat better than the current situation where they are priced at 0.
by asdf on Sun Aug 22nd, 2021 at 08:31:59 PM EST
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