So it begins. California is now on its way to carbon trading. The first wave is to hit in November for Industries here in California. Only 10 percent of the credits will be auctioned in the first year and by 2020 50 percent will be auctioned.
I have never been an advocate of the carbon credit/carbon trading. Touted as a simple Pigovian Tax (like any Pigovian tax is simple) It’s aim is to reduce carbon emissions. The idea is to put a limit on carbon and then have the market trade these credits around.
While I would agree that the reduction of carbon is a goal that must be pursued. We need to do better on a Global National and Individual level. I will not get into arguments about global warming and its causes. Nor will I comment on Kyoto or Copenhagen. I will simply point out that pollution is pollution and we need to mitigate this problem to the best of our abilities.
The truth is this is simply an energy tax. There is no plan to use the monies collected to research and development of carbon reduction.  The money will simply go into the hands of traders and in to the coffers of a government. As it is not taking care of externalities it cannot be considered a Pigovian Tax.
I do not like a hidden tax that everyone pays for a few understand. Put it up front for us to examine in society. Call it a tax and provide a clear path of who is paying and how much. Document where this tax money will flow, which should be for and only for carbon reduction. Plant some trees, install some carbon banks, nurture a plankton bloom, install solar water heaters with the tax money.
Call it what it is, labeling a tax as a credit is insulting.

Views: 86

Comment

You need to be a member of Home Energy Pros to add comments!

Join Home Energy Pros

Home Energy Pros

Home Energy Pros was founded by the developers of Home Energy Saver Pro (sponsored by the U.S. Department of Energy,) and brought to you in partnership with Home Energy magazine.  Home Energy Pros is sponsored by the Better Buildings Residential Network.

Latest Activity

Profile Iconrichard m, Steve Taylor, John Ferrado and 2 more joined Home Energy Pros
6 hours ago
Taylor Tomita posted a blog post
7 hours ago
robert jones replied to Judy Rachel's discussion Equipment for Sale in the group Energy Auditing Equipment for Sale, Trade or to Purchase
"Hello, is this equipment still available?"
9 hours ago
robert jones replied to CHRISTOPHER PETERSEN's discussion Complete Energy Auditing Kit For Sale in the group Energy Auditing Equipment for Sale, Trade or to Purchase
"Hello. Are these items still there?"
9 hours ago
Kurtis Pender joined Diane Chojnowski's group
Thumbnail

Hall of Shame

In this group, members share an array of images from the field, showing the kinds of issues…See More
10 hours ago
Kurtis Pender joined Leslie McDowell, BPI's group
Thumbnail

Building Performance Institute (BPI)

BPI is the nation's premier standards development, quality assurance and credentialing organization…See More
10 hours ago
Profile IconKurtis Pender and Colin Genge joined Sean Lintow Sr's group
Thumbnail

Best Practices (Residential)

Best Building, Retrofitting, or even Auditing Practices - what are they, what should change, what…See More
10 hours ago
Kurtis Pender joined Michael Stuart's group
Thumbnail

INFRARED THERMOGRAPHY USERS

This group is dedicated to knowledge sharing and discussion of infrared thermography for building…See More
10 hours ago

© 2015   Created by Lawrence Berkeley National Laboratory.

Badges  |  Report an Issue  |  Terms of Service