Re: [Pen-l] European carbon market crashing

[Doug Henwood <dhenwood@xxxxxxxxx>]

On Feb 6, 2009, at 2:58 PM, comvox@xxxxxxxxx wrote:

>  I would also note that while a general carbon tax is also taken as  
> the
> opposite to carbon trading, that isn't so. (Here I am referring to a  
> carbon
> tax taken as a major measure in itself, and not simply a minor  
> supplement to
> regulation.) They are both based on the idea that, so long as a  
> proper price
> can be found for carbon emissions, market mechanisms will provide a  
> solution.
> That simply isn't so. I critique the carbon tax in
> "THE CARBON TAX: Another futile attempt at a free-market solution to  
> global
> warming", available at
> < www.communistvoice.org/42cCarbonTax.html >.

Yeah, we can't do anything about climate change until the revolution.  
So I guess that means we're doomed.

Doug
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