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Cap and Trade Versus a Carbon Tax

Cap and Trade Versus a Carbon Tax | Sustainable Energy | Scoop.it

Here’s a piece on cap and trade.  Like every person who hopes that civilization will find its way towards sustainability,  I’m rooting for success here.  But frankly, I can’t imagine how cap and trade will accomplish its aims, given all the thousands of lawyers and their clients who are profiting mightily by building work-arounds.

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Rescooped by Hans De Keulenaer from Trends in Sustainability
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The Misguided Neoclassical Economic Thinking Behind a Carbon Tax

The Misguided Neoclassical Economic Thinking Behind a Carbon Tax | Sustainable Energy | Scoop.it

Numerous scholars have demonstrated that, while the scale of the needed carbon emissions reductions is extremely large, price-based systems by themselves are not likely to induce sufficient technology change to deliver the needed reductions, particularly given the “lock-in” of cheap, readily available dirty technologies and the modest pollution prices that are tolerable to politicians…A major problem with all carbon pricing solutions is the fact that the private sector will not (for recognized reasons) invest adequately on its own in low-carbon solutions and technology change – even in the presence of carbon pricing.


Via Olive Ventures
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Norway to double carbon tax on oil industry

Norway to double carbon tax on oil industry | Sustainable Energy | Scoop.it

Norway is to double carbon tax on its North Sea oil industry and set up a £1bn fund to help combat the damaging impacts of climate change in the developing world.

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Tax Reforms 'Fail to Prioritize Energy Efficiency'

Tax Reforms 'Fail to Prioritize Energy Efficiency' | Sustainable Energy | Scoop.it
The US has an opportunity to create a corporate tax structure that encourages investments in energy efficiency and industrial modernization, according to a report by the American Council for an Energy-Efficient Economy.
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Carbon tax could boost economy and combat fuel poverty, analysis shows

Carbon tax could boost economy and combat fuel poverty, analysis shows | Sustainable Energy | Scoop.it
Money raised from carbon taxes on energy bills should be used to lift millions of households out of fuel poverty and boost the economy, it has been suggested.
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Tax Reform Could Remove Barriers to Energy Efficiency

Tax Reform Could Remove Barriers to Energy Efficiency | Sustainable Energy | Scoop.it

Energy bills count as business expenses and are subtracted from taxable income, meaning the federal government is effectively paying 25 to 35 percent of each business’s energy costs – enabling higher consumption.

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