Comments on: How to compensate consumers under carbon pricing http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hd televisions http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-54218 Sat, 04 Oct 2014 18:03:11 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-54218 We’re glad to get one a number of visitants during this outstanding site (:, thanks for posting .

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By: JonHocut http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-9620 Fri, 04 Dec 2009 20:25:53 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-9620 The dividend check is the way to go. And the tax on gasoline wouldn’t be $3 per gallon, closer to $0.10 per gallon. Carbon neutral just isn’t that expensive. See this study in New Scientist on affordability.
http://www.newscientist.com/article/mg20 427373.400-lowcarbon-future-we-can-affor d-to-go-green.html

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By: Charles Komanoff http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7253 Tue, 29 Sep 2009 17:25:36 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7253 Felix — Why not go the “dividend” route, with every American getting a quarterly check equal to 1/305,000,000 of the prior quarter’s carbon tax or permit revenue? Clean, simple, and arguably at least as fair as any other distribution?

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By: Ken http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7230 Tue, 29 Sep 2009 00:40:16 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7230 I agree with drewbie. The compensation for consumers is not having to tread water (with apologies to Bill Cosby).

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By: caveat bettor http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7222 Mon, 28 Sep 2009 21:18:30 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7222 Felix: Given your thinking, would you also be a proponent for educational vouchers and healthcare vouchers?

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By: Sandrew http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7208 Mon, 28 Sep 2009 18:23:01 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7208 I see no good reason (outside realpolitik) to conflate a carbon tax with a proposed “offsetting” tax break. They are two different policy issues. If you the sell the carbon tax on the premise that it is paying for some other tax break, people will mentally merge the two as a single issue. When you do that, people will naturally think of the fairness of a carbon tax in terms of the net impact of tax and offset. In a farcical world where fairness is the status quo, this would walk you down a path to where each individual’s carbon taxes would be exactly offset by a “carbon tax tax credit,” completely defeating the purpose of the tax.

I second Dylan’s comment. A fair carbon tax is one borne in proportion to how much carbon you consume on an absolute basis, not on a relative-to-your-neighbor basis. Whatever we would do with the incremental tax revenue should be justifiable independent of the source of the funds. Returning that revenue to individual taxpayers in proportion to how it was raised is pretty much the dumbest way to spend it to my eyes.

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By: Anand http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7192 Mon, 28 Sep 2009 16:14:59 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7192 Felix,

You will be happy to know that Waxman Markey has exactly this provision, where the consumer is actually paid back a per household sum irrespective of their consumption. Your point on multiple power sources is a good one, though the setup costs are sufficiently high (typically in the thousands of dollars to add gas if all you have is electricity) that it may not be financially prudent. Additionally, people with multiple sources of energy tend to be typically affluent, and therefore, they consume more energy than the average household. So, it is unlikely to be a significant effect. The question I have is regarding the mechanics of sending the money back to consumers. If it is part of the electricity bill itself, then the price signal is lost. It has to be a separate check that gets sent to the consumer. If you are interested in the actual estimates of your electricity bill increase, please see carbonfinanceandtrading.blogspot.com

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By: drewbie http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7190 Mon, 28 Sep 2009 15:56:18 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7190 giving credits would completely defeat the purpose of the tax. It takes away any incentive for an individual to become more efficient.

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By: Victor Galis http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7189 Mon, 28 Sep 2009 15:46:47 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7189 I think it’s really simple in countries that have a national sales tax. You just impose a carbon tax (or equivalent) then use the money to refund the sales tax. In essence you replace a tax on value with a tax on negative externalities. I’m not so sure what to do in the US.

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By: Casper Lab http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/comment-page-1/#comment-7174 Mon, 28 Sep 2009 09:37:44 +0000 http://blogs.reuters.com/felix-salmon/2009/09/28/how-to-compensate-consumers-under-carbon-pricing/#comment-7174 We still seem to obsess with an atmospheric accounting system. What about water and land pollution ?

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