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Except that if we instituted a simple carbon auction it's provably effective (not just theoretical, it very effective for NOx and SOx). I suppose that's not a
by dnautics 7y ago
Except that if we instituted a simple carbon auction it's provably effective (not just theoretical, it very effective for NOx and SOx). I suppose that's not a pseudo market solution, that's a real market solution, unlike all of the trading proposals being put forth at the moment.
- marcosdumay 7y agoAn auction is a tax in disguise, the only difference is that if the government doesn't get the quantity exactly right it will either make the whole thing toothless or destroy its own economy. About NOx and SOx, those are local pollutants. Local problems are much easier to fix.
- dnautics 7y agoNOx and SOx are not local pollutants. NOx/SOx emissions in one part of the world cause acid rain in other parts.