Yes, I know you disagree, but still……

This is not, by the way, a critique of Chowdhury. Nor do I insist that you must prefer my plan to his. Rather, I want to explain that we live in what is called a “second best” world. One in which the better solution sometimes is not because of other features of the society around us.

The thing being that I have seen an emissions scheme being set up – the European Union one. And it was a morass, an orgy almost, of rent seeking and string pulling. Everyone who even knew the name of a politician was demanding the free issue of extra credits just to them. The result of those being that so many were issued that the price has been, for well over a decade, effectively zero. And prices of nothing tend not to limit people making emissions which is the point of the whole process in the first place. Thus my recommendation of the second best policy, set the price through a tax and make the world adjust to that. Simply on the grounds that “Here’s the price, get on with it” is politically easier than having to fight one’s way through every special interest group demanding favourable treatment.

Which is a sad commentary on politics perhaps but then this is a second best world.

11 thoughts on “Yes, I know you disagree, but still……”

  1. We could just string up all the politicians on lamp posts. That would be a first-best world.

  2. The Meissen Bison

    One in which the better solution sometimes is not because of other features of the society around us.

    The beauty of the writing distracts one.

  3. Everyone who even knew the name of a politician was demanding the free issue of extra credits just to them. The result of those being that so many were issued that the price has been, for well over a decade, effectively zero.

    Just addressing the logic of your argument, could this not easily be solved by making exceptions (free issue of extra credits) a serious crime? Would this not solve that limitation to emissions trading? After all, a carbon tax will be undermined by the granting of exceptions, and we do indeed see exceptions granted.

    .

    On the wider tosspottery of it all, we can observe idiots praising wankers:
    https://www.theguardian.com/environment/climate-consensus-97-per-cent/2018/oct/26/canada-passed-a-carbon-tax-that-will-give-most-canadians-more-money

    Not even the sight of The Guardian lauding Justin Trudeau for introducing a carbon tax is enough to give a true believer pause. No matter that the old $50 / tonne cap by 2022 has quickly become $170 / tonne by 2030. No matter that the basic idea is so politically corrupting that the Conservative opposition is now campaigning for an even more batshit version in which the “rebates” come with government provisos on what you can spend it on. No matter, a carbon tax is a great idea because reasons.

    FFS

  4. Trudeau carbon tax is a classic political move as the people it’s annoys and causes the most problems for won’t vote for him anyway so he gets to virtue to his hearts content.
    It’s been challenged that constitutionaly he can’t even impose the tax anyway as the provinces are supposed to control it and effectively set a minimum standard and said do your own or we will impose a federal one.

  5. It’s been challenged that constitutionaly . . .

    And, no surprise, the Supreme Court came down in favour of Trudeau. It also took the opportunity to go beyond the legal issues of the case and stated for record that, “Climate change is real. It is caused by greenhouse gas emissions resulting from human activities, and it poses a grave threat to humanity’s future.”

    Twats.

  6. Climate change is real.
    Incontrovertible.

    It is caused by Among the many factors contributing to it are greenhouse gas emissions resulting from human activities, and

    it poses a grave threat to humanity’s future.
    Nope. Not even the IPCC believes this any longer. A minor inconvenience is not a “grave threat”.

  7. BiS “Yet another picture of cooling towers emitting harmless water vapour.”

    Well, I really don’t want to see the vapour coming out of the actual exhaust.
    Something, something, real Siberian Conditions to have CO2 get to the vapour stage above a chimney..

    And vapourous Oxydane isn’t harmless.. 😉

  8. Actually, water vapour is the real greenhouse gas. There is much more of it in the atmosphere than CO2 and one doesn’t need to be DoomGoblin Greta to see it, we seem to have a lot of it available in this country.

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