TheWizardfromOz
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Tax reform drives all the wedges
The wedges concepts are correct in principle as by its very nature renewable energies are dilute compared to fossil fuels and uranium.
However, government's don't need to guess in advance of winners and losers. That is for investors to do. The governments role is to provide the necessary long term fiscal incentives.
Simply move the tax revenue sources away from income and other taxes and correspondingly increase taxes on the prime sources of greenhouse gas emissions. The market will do the rest.
For more information see http://www.garnautreview.org.au/CA25734E0016A131/pages/su ...On Nature publishes my climate analysis and solution posted 1 year, 3 months ago 4 Responses