[LINK] Reducing Carbon Emissions was Re: tax on porn

Marghanita da Cruz marghanita at ramin.com.au
Wed Feb 25 08:56:53 AEDT 2009


and...
NASA to launch carbon dioxide tracking satellite Tuesday
> 
> The goal is to measure carbon dioxide (CO2) sources and so-called "sinks" that pull the gas from the atmosphere.
<http://www.siliconindia.com/shownews/NASA_to_launch_carbon_dioxide_tracking_satellite_Tuesday-nid-52929.html>

though:
> The Kyoto Protocol set reduction targets for six greenhouse gases:
> 
>    1. Carbon dioxide (CO2);
>    2. Methane (CH4);
>    3. Nitrous oxide (N2O);
>    4. Hydrofluorocarbons (HFCs);
>    5. Perfluorocarbons (PFCs); and
>    6. Sulphur hexafluoride (SF6)
<http://www.ramin.com.au/eco-sydney/emission-trading.shtml>

Marghanita

Marghanita da Cruz wrote:
> Craig Sanders wrote:
>> On Mon, Feb 23, 2009 at 11:59:15AM +1100, Marghanita da Cruz wrote:
>>> Jan Whitaker wrote:
>>>>> [...] What's next, a tax on rainbows?
>>> Carbon Taxes.
>> makes more sense than carbon trading.
>>
> <snip>
> 
> It is interesting how little space Garnaut gave to deciding the mechanism to
> reduce emissions.
> 
> In addition to last year's increase in petrol prices, as well as the credit crisis,
> undermining some of his assumptions, I would have thought it was obvious
> that Australia does not have a viable trading market with so few emitters.
> 
> Yet Garnaut dismissed Carbon Taxes, with the following:
> 
>> Emissions (or carbon) taxes
>>
>> Administratively, the simplest pricing mechanism is to impose a tax on emissions, typically known as a carbon tax. Carbon taxes are straightforward to apply and avoid the need for governments to take discretionary decisions about who ought to be allowed to emit. Carbon taxes also provide certainty about the marginal costs of mitigation.
>>
>> However, while a carbon tax avoids the arbitrariness of regulatory interventions, the meeting of emissions reductions targets cannot be guaranteed. Compatibility with other systems internationally may also be limited. Moreover, the achievement of ongoing and increasing reductions in accordance with one of the trajectories outlined in Chapter 12 would require variation of the carbon tax rate on the basis of continuing reassessment of the relationship between the rate of the tax and the level of emissions.
> 
> I confess, I am skimming through the hardcopy of the report, but the relevant
> section online is:
> 
>> 13.2 Avoiding the greatest market failure ever seen
> ....
>> 13.2.2 Domestic policy options for reducing emissions
> 
> and sub headings:
> 
>> Emissions (or carbon) taxes
>> Emissions trading scheme 1: cap and trade
>> Emissions trading scheme 2: baseline and credit
>> Hybrid schemes
> ...and then after just three pages of the 597 printed(excluding
> glossaries,reference,index)
>> 13.2.3 Australia?s preferred approach
> see:
> <http://www.garnautreview.org.au/chp13.htm#13_2>
> 
> Marghanita


-- 
Marghanita da Cruz
http://www.ramin.com.au
Phone: (+61)0414 869202




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