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I think the concern is that selling pollution credits is kind of like selling indulgences. If you offer the wealthy a fixed price for which they can destroy the
by saas_co_de 9y ago
I think the concern is that selling pollution credits is kind of like selling indulgences. If you offer the wealthy a fixed price for which they can destroy the entire planet then what else is not for sale? And since money is just created out of thin air, you can always make enough money to pay the price.
- scatters 9y agoThis enviromnentalism as religion attitude is hugely counterproductive. It might help motivate the believers, but it also contributes to the culture war that sees conservatives denying climate science. Everyone pollutes; when we breathe, when we shit, let alone when we drive or fly, so there is no hard boundary between normal and "sinful" activities. The rest of your comment is simply wrong; Pigovian taxes and auctions are dynamic, so can adjust to any change in price levels, and in any case money supply is governed by central banks, not by polluters.