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The simplest solution is: $30/tonne CO2 price, and also requiring fossil fuel exporters (including in other countries) to add this price to their exports unless
by ArkanExplorer 5y ago
The simplest solution is: $30/tonne CO2 price, and also requiring fossil fuel exporters (including in other countries) to add this price to their exports unless the shipment is going to a country that also has a carbon price.
- CameronNemo 5y agoDoesn't china have vast coal reserves and an extreme willingness to burn it? In such a situation, we need punitive tariffs to compensate. It is unclear how to calculate them from my perspective.
- joecool1029 5y ago>Doesn't china have vast coal reserves and an extreme willingness to burn it? China's share of coal energy production has declined precipitously. While the total amount continues to increase, they are making large investments into both solar and nuclear energy. Like it or not China's still a fairly rapidly growing economy that produces most of the renewable technologies for the world. Any phase-out of coal while trying to push things like electric cars is going to take time. >In such a situation, we need punitive tariffs to compensate. Yes, Australia should be sanctioned for using and selling so much coal to China. In a country that has the easiest situation to produce solar energy and copious uranium reserves, they still get something like half their energy from coal and have no nuclear energy. They have consistently had one of the highest per-capita CO2 emissions of any country. Or why not talk about stupid Germany that shut down their nuclear plants without a clear path to eliminating coal use. They had to build new plants and import coal while they waited to become dependent on Russia for natural gas.
- exporectomy 5y agoThe simplest solution is for everyone to just stop using fossil fuels but simple doesn't mean easy, possible, or good in any way that matters. Your solution would give an economic advantage to countries which don't cooperate. How will you persuade any country (including the US) to shoot itself in the foot first? That doesn't sound simple.