So it begins. California is now on its way to carbon trading. The first wave is to hit in November for Industries here in California. Only 10 percent of the credits will be auctioned in the first year and by 2020 50 percent will be auctioned.
I have never been an advocate of the carbon credit/carbon trading. Touted as a simple Pigovian Tax (like any Pigovian tax is simple) It’s aim is to reduce carbon emissions. The idea is to put a limit on carbon and then have the market trade these credits around.
While I would agree that the reduction of carbon is a goal that must be pursued. We need to do better on a Global National and Individual level. I will not get into arguments about global warming and its causes. Nor will I comment on Kyoto or Copenhagen. I will simply point out that pollution is pollution and we need to mitigate this problem to the best of our abilities.
The truth is this is simply an energy tax. There is no plan to use the monies collected to research and development of carbon reduction.  The money will simply go into the hands of traders and in to the coffers of a government. As it is not taking care of externalities it cannot be considered a Pigovian Tax.
I do not like a hidden tax that everyone pays for a few understand. Put it up front for us to examine in society. Call it a tax and provide a clear path of who is paying and how much. Document where this tax money will flow, which should be for and only for carbon reduction. Plant some trees, install some carbon banks, nurture a plankton bloom, install solar water heaters with the tax money.
Call it what it is, labeling a tax as a credit is insulting.

Views: 126

Comment

You need to be a member of Home Energy Pros Forum to add comments!

Join Home Energy Pros Forum

Forum Discussions

What made this chimney fall down?

Started by Eric Kjelshus in General Forum. Last reply by Eric Kjelshus on Tuesday. 7 Replies

How would you insulate this roof?

Started by David Butler in General Forum. Last reply by Dave Taylor Nov 11. 61 Replies

Manual J (SD) for custom, luxury homes

Started by Dav Camras in HVAC. Last reply by Dav Camras Nov 10. 3 Replies

Quantitative methods for residential zoning

Started by Brett in HVAC. Last reply by David Butler Nov 9. 1 Reply

Home Energy Pros and #MeToo

Started by Mike Rogers in General Forum. Last reply by Mike Rogers Nov 9. 3 Replies

Latest Activity

Profile IconSonny Roncancio and Chester Energy & Policy joined Home Energy Pros Forum
17 hours ago
Ryan Moore updated an event
Thumbnail

LEED for Homes Green Rater Training at Fort Collins, CO

December 7, 2017 to December 8, 2017
Green Insight will host this 2-day training in Fort Collins, CO December 7-8,…See More
yesterday
Rodney Bailey liked Rodney Bailey's discussion Energy audit equipment for sale.
yesterday
tedkidd liked Mike Rogers's blog post Focusing on payback to motivate customers?
yesterday
Home Energy Magazine's blog post was featured
Wednesday
Home Energy Magazine posted a blog post
Wednesday
Quinn Korzeniecki added a discussion to the group Building Performance Institute (BPI)
Thumbnail

Rebates and Incentives: Illinois

Curious about home performance incentives and rebates available in your area? Check out this BPI…See More
Wednesday
Profile IconStacey Cordeiro and Melissa Ames joined Home Energy Pros Forum
Wednesday

Photos

  • Add Photos
  • View All

© 2017   Created by Home Performance Coalition (HPC)   Powered by

Badges  |  Report an Issue  |  Terms of Service