Comments danlewer has made

  • EDF is right on this one...

    ...it is the cap, not the price that we should be interested in. The point of cap&trade is that you can set a tolerable cap on emissions. If industries within the scheme are within the limit at no additional cost, you shouldn't be less happy with the cap.

    --
    Carbon Retirement

    On RGGI auction: CO2 trading at $3 per ton posted 11 months, 1 week ago 10 Responses

  • carbon is a commodity, species aren't

    if you are going to hurt the truffles anyway, why not protect the antelopes? but it's not a compensation. GHG emissions have the same global warming impact no matter where or how they are emitted. that's why carbon offsetting is sound in principle.

    saving the antelopes is not comparable to killing the truffles, on the other hand, so an 'offset' doesn't work.

    it will certainly be difficult to create a market out of biodiversity credits because there will be no commodity, as there is in carbon markets (1 tonne of co2e).On Biz aims to offset habitat impact by boosting biodiversity elsewhere posted 1 year, 1 month ago 2 Responses

  • This is the difference between tax & C&T

    Fuel consumption is elastic and if you add a couple of dollars to it you might not get the reduction in consumption you hoped for.

    So, as you say, using a tax might just lead to additional government revenue and no environmental benefit.

    But cap and trade works differently. Even if a C&T scheme that includes transport emissions only adds the same amount to the price of fuel as a tax, the emissions across the scheme are capped. This means that if transport emissions don't reduce, emissions somewhere else must.On A price on carbon will not tackle transportation pollution posted 1 year, 1 month ago 10 Responses

  • Agreed

    Additionality can't be measured accurately, whether you do it project-be-project or sector-by-sector, and however much time and resources you have.

    So long as the CDM is not additional, emissions and money will leak out of statutory cap-and-trade schemes (mainly the EU ETS at the moment) in unknown quantities.On Carbon trading creates perverse incentives posted 1 year, 6 months ago 14 Responses

  • Nope, don't agree!

    Hey - I don't agree with this, because the situation can change during the trading round.

    Some participants will grow or shrink and will trade. Some new participants will join.

    The expected marginal cost of abatement (in both overall terms and in terms of the differences between industries) will change, leading to trading. On If 100 percent auctioning is done right, the trade component will be trivial posted 1 year, 8 months ago 27 Responses