Friday, June 13, 2014

Carbon pricing and carbon caps in the eyes of beholders

If I seemed skeptical in my previous post, I am.
Taday, some articles not positive regarding carbon pricing, and/or capping

"Carbon pricing has been the go-to solution for economists and environmentalists alike since climate change was identified as one of the foremost social and environmental challenges of our time. Want a climate rescue plan? Carbon pricing. Want to raise revenue for clean energy deployment? Carbon pricing. It's the "silver bullet" for other things, too. Want to reduce reliance on foreign oil? Or raise revenue to correct other tax inefficiencies? Carbon pricing."
It is time to recognize that carbon taxes alone will not address global climate change. The fixation on carbon pricing within the climate debate has distracted the world from adopting a more effective and comprehensive set of climate policies that make economic sense. The debate needs to change for more viable, pragmatic, and high-impact solutions to emerge.
Carbon pricing won't solve climate change. Innovation will | Christian Science Monitor

Roger Pielke Jr.'s blog flags news out of China explaining the hints at a carbon cap there:
Any near-term regulation of China's greenhouse gas emissions would likely allow for future emissions growth, a senior government official said on Monday, discounting any suggestion of imminent carbon cuts by the biggest-emitting nation.
...Several options were being considered and China would choose policies in accordance with its conditions and stage of development.
"Our understanding of the word 'cap' is different from developed countries," Sun told a conference.

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