Comments on: Back to Plan A: The Revenue-Neutral Carbon Tax http://www.carbontax.org/blogarchives/2009/07/06/back-to-plan-a-the-revenue-neutral-carbon-tax/ Pricing carbon efficiently and equitably Fri, 05 Mar 2010 19:35:37 +0000 http://wordpress.org/?v=2.9 hourly 1 By: NEO http://www.carbontax.org/blogarchives/2009/07/06/back-to-plan-a-the-revenue-neutral-carbon-tax/comment-page-1/#comment-132015 NEO Tue, 03 Nov 2009 22:26:14 +0000 http://www.carbontax.org/?p=2688#comment-132015 I don't want a WORLD GOVERNMENT! I don’t want a WORLD GOVERNMENT!

]]> By: Ben Claassen http://www.carbontax.org/blogarchives/2009/07/06/back-to-plan-a-the-revenue-neutral-carbon-tax/comment-page-1/#comment-100421 Ben Claassen Tue, 07 Jul 2009 21:38:19 +0000 http://www.carbontax.org/?p=2688#comment-100421 In 1993, I completed the compliance plans for two electric utilities to meet SO2 reductions from all stationary sources. By comparison with CO2 emissions, the problem was simple. Most SO2 reduction came from buying coal with lower sulfur content for only slightly higher prices from a mine in Wyoming 30 miles down the road. The release of CO2 is fundamental to all combustion. Only a non-fossil source substitution reduces CO2 emission or burning less fuel for the same value. Is transportation fuel properly accounted for in HR 2454? I am having trouble seeing the CO2 reduction targets. In 1993, I completed the compliance plans for two electric utilities to meet SO2 reductions from all stationary sources. By comparison with CO2 emissions, the problem was simple. Most SO2 reduction came from buying coal with lower sulfur content for only slightly higher prices from a mine in Wyoming 30 miles down the road.

The release of CO2 is fundamental to all combustion. Only a non-fossil source substitution reduces CO2 emission or burning less fuel for the same value. Is transportation fuel properly accounted for in HR 2454? I am having trouble seeing the CO2 reduction targets.

]]> By: Marshall Saunders http://www.carbontax.org/blogarchives/2009/07/06/back-to-plan-a-the-revenue-neutral-carbon-tax/comment-page-1/#comment-100411 Marshall Saunders Tue, 07 Jul 2009 18:14:49 +0000 http://www.carbontax.org/?p=2688#comment-100411 "She cites the European Union’s experience where emitters overestimated past emissions to garner more free allowances which led to a very loose cap." This is a big problem with cap and trade. People cheat. Conversely, when it comes to taxing carbon, I've found that even though people cheat, governments are pretty good at collecting taxes. If all the taxes are rebated via income or payroll tax reductions, it's not even a tax, it's a tax swap, which increases the relative cost of fossil fuels. “She cites the European Union’s experience where emitters overestimated past emissions to garner more free allowances which led to a very loose cap.”

This is a big problem with cap and trade. People cheat. Conversely, when it comes to taxing carbon, I’ve found that even though people cheat, governments are pretty good at collecting taxes. If all the taxes are rebated via income or payroll tax reductions, it’s not even a tax, it’s a tax swap, which increases the relative cost of fossil fuels.

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