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I'm not sure what you mean. We do establish the costs for carbon. In some countries you (or major users) must buy a permit to emit carbon. Some establish the ma
by hackuser 10y ago
I'm not sure what you mean. We do establish the costs for carbon. In some countries you (or major users) must buy a permit to emit carbon. Some establish the maximum carbon the environment can handle, then auction permits, establishing a market price.
The U.S. effectively estimates zero cost (without looking into the details); that certainly is a bad estimate.
- vidarh 10y agoThat's not the only cost of fossil fuel power plants. Coal plants kill huge numbers of people. The coal industry pumps huge quantities of uranium dust into the atmosphere alongside fly ash. The biggest externality of coal in particular is not carbon emissions but the massive health costs and human suffering. If fossil fuels were subjected to the same safety requirements as nuclear in terms of preventing public health effects, the cost would increase substantially.
- hackuser 10y ago> The biggest externality of coal in particular is not carbon emissions but the massive health costs and human suffering The carbon emissions cause climate change, which causes human suffering at a scale, as I understand it, far beyond that of the pollution you describe (which is also substantial).
- vidarh 10y agoWhile that is true, coal is just one of the sources that play into that, and the point that you yourself made was that it can be offset. While the dust and radioactivity released by coal plants kills hundreds of thousands of people now, and we can't meaningfully offset it by trading quotas - it's not like having more kids makes up for killing other people.
- pas 10y agoWell, it gives us cheap electricity, which helps us run our hospitals, for example. Thus helping kids live through the early years (where mortality is more likely). But as we all know, replacing coal powered plants with safer things (nuclear, solar, wind, tidal) would cost nothing compared to healthcare costs.
- vidarh 10y agoThis is a strawman - the discussion was not about investing more in alternatives, but about the effect shutting down nuclear has in prolonging the phase-out of coal. Given that the shutdown of nuclear is extremely expensive, and that decommissioning before the planned lifespan also involves massive payouts to the owners and reduced time to amortise cleanup costs etc., the economics also vastly favour keeping them running. It also ignores the vast healthcare costs involved in dealing with respiratory illnesses - including for children - as a result of coal. Few people fall over dead with no cost of care for respiratory illnesses. So if your concern in healthcare spending, that's another reason to at a minimum not shut down nuclear plants until all of the coal plants are gone.
- hackuser 10y agoGreat point, though let's not assume 100% effectiveness for offsets.