http://blogs.reuters.com/commentaries/2009/07/22/tax-happy-french-eye-carbon-tax/ Now raising intellectual capital Tue, 21 May 2013 09:31:30 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://blogs.reuters.com/commentaries/2009/07/22/tax-happy-french-eye-carbon-tax/comment-page-1/#comment-1252 Dr Gideon Polya Sat, 25 Jul 2009 05:30:19 +0000 http://blogs.reuters.com/commentaries/?p=1556#comment-1252 Many eminent scientists, economists and writers variously argue strongly FOR a global Carbon Tax that will directly put a price on greenhouse gas (GHG) pollution and enable urgently required rapid transformation to a non-carbon economy. They variously argue AGAINST carbon pricing based on a Kyoto Protocol-based Cap-and Trade Emissions Trading Scheme (ETS) that is an indirect mechanism that has yet to show it works and which is clearly susceptible to market manipulation of the kind that produced the recent market collapse and global economic meltdown (see: http://sites.google.com/site/yarravalleyclimateactiongroup/carbon-tax-needed-not-cap-and-trade-emission-trading-scheme-ets ). Many eminent scientists, economists and writers variously argue strongly FOR a global Carbon Tax that will directly put a price on greenhouse gas (GHG) pollution and enable urgently required rapid transformation to a non-carbon economy. They variously argue AGAINST carbon pricing based on a Kyoto Protocol-based Cap-and Trade Emissions Trading Scheme (ETS) that is an indirect mechanism that has yet to show it works and which is clearly susceptible to market manipulation of the kind that produced the recent market collapse and global economic meltdown (see: http://sites.google.com/site/yarravalley climateactiongroup/carbon-tax-needed-not -cap-and-trade-emission-trading-scheme-e ts ).

]]> http://blogs.reuters.com/commentaries/2009/07/22/tax-happy-french-eye-carbon-tax/comment-page-1/#comment-1214 CTF Fri, 24 Jul 2009 10:20:55 +0000 http://blogs.reuters.com/commentaries/?p=1556#comment-1214 Bravo to the French. Certainly the best way to stem the tide of global climate change is with a transparent and straightforward carbon tax. Not only does a carbon tax avoid the evasion and market manipulation inherent to cap and trade, it incentivizes green R&D and returns the revenue to the people. It's the only solution that makes good sense. I can only hope that the Senate takes a look before it's too late. Bravo to the French. Certainly the best way to stem the tide of global climate change is with a transparent and straightforward carbon tax. Not only does a carbon tax avoid the evasion and market manipulation inherent to cap and trade, it incentivizes green R&D and returns the revenue to the people. It’s the only solution that makes good sense. I can only hope that the Senate takes a look before it’s too late.

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