Re: [Pen-l] European carbon market crashing

[Jim Devine <jdevine03@xxxxxxxxx>]

Gar Lipow wrote:
> I've written a lot arguing that so called "command and control" is
> more effective than carbon pricing. Not that carbon pricing is not
> needed, but that it is supplemental, and that green infrastructure,
> and rule-based regulation are the most urgent

the tax requires a kind of "command and control" because the carbon
has to be measured correctly (rather than relying on voluntary reports
from the polluters) and the polluters have to be forced to pay the tax
(rather than evading it, as is common). The two (tax and C&C) are not
opposites.
-- 
Jim Devine / "Disbelief in magic can force a poor soul into believing
in government and business."  -- Tom Robbins
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