"Simply because I ask that instead of crying wolf [...] I want our politicians to stand up - and say, Yea, there is the problem - and I would propose this as a solution"
And my point is that the best solutions do not come from politicians.
Problems are identified by scientists and engineers. Politicians can amplify the call for a solution. Individuals and businesses will be able to come up with the best solution because they can make a buck off selling the best solution.
Your argument is that when there is a problem, we should chose between the worst solutions. Your point, of course, is that you want to only have bad solutions to global warming so that you can dismiss them all.
"What you fail to get - is that if there are going to be carbon use credits - then someone is going to have to set limits and regulate the trade in those credits"
Re-read my post. I explicitly addressed both issues.
1. Congress will have to set the limit, and there will be a pitched political battle every time they do so. If we dislike how the limit is set, then we can elect a new Congress to change it.
2a. There's going to be two aspects of regulation. The first is usual commodity market regulation, as in the stock market. It'll be handled just like the NYSE, NASDAQ, etc.
2b. The second aspect is some method of determining how many credits you have to sell or must buy. That can be determined by linking data the government already has on us. For example, DMV records can be used to determine how much CO2 you release by driving and your power company can report how much electricity you use.
"oK if they do, then how do they get paid to do that? wow! a fee tacked onto the c-credits"
Since there's two sources of regulation then there's two revenue streams.
The governmental bodies would get paid through existing taxes and fees. However, since this is data that is ALREADY BEING COLLECTED, the cost increase is minor. For all we know fines on illegal trading and the boost in personal income (that is then taxed) may pay for it.
The market regulation will probably be paid the same way they pay for the regulators on the NYSE, NASDAQ, etc: fees to the brokers which will get passed on to the people actually trading. Such fees haven't exactly made stock markets impractical, have they?
"but I promise you - it will be a retro tax in that it will always be rigged to the middle and lower class"
Since Congress will set the limit, then it will be set however they see fit. If they're dumb enough to hurt the majority of Americans by "rigging" it against them, then that Congress won't be re-elected and the new Congress will fix it. Much like economic populism helped fuel a lot of Democratic victories in 2006.
"IF you have a solar panel on your house, your c-tax will be reduced.... well WHO can afford solar panels?"
Solar panels become a lot more affordable when you can make money selling the credits once they're installed. In fact, a good business model when carbon trading is implemented would be to offer to install solar panels on someone's house in return for their carbon credits.
Let's say I run a solar panel installation company, and you're a home owner who can't afford to buy solar panels for your house. We'll make up some numbers: Carbon credits are going for $20 each, and the solar panels on your house would give you 100 credits per month and the solar panels cost $20,000 to install, including my regular profit of $5,000.
I'll install solar panels on your house and you'll give me the carbon credits for 12 months. I've made $4,000 in "interest" and $5,000 in regular profit. You've paid $0, and after a year will have an extra $2,000 a month.
In addition, the greater demand will lead to improvements in manufacturing that will make panels more affordable.
Once again, think bigger. Time doesn't stop.
"and does NOTHING to solve the real problems of over population."
It's designed to fight carbon emissions, not overpopulation. Your shampoo also doesn't solve the problems of overpopulation, but you wouldn't expect it to.
Carbon trading is a way to harness the free market to reduce carbon emissions. Why do you think the free market won't work? If the free market won't work in this scenario, why does the free market work in any other area?
-- Modified on 3/25/2007 4:43:20 PM
-- Modified on 3/25/2007 4:45:00 PM