December 07, 2007
Your World in Powerpoints: Cap-and-Trade Edition
Via Dave Roberts comes a pretty fantastic Powerpoint presentation explaining how cap-and-trade systems work to reduce carbon emissions. It can be a bit of a glaze-your-eyes-over sort of topic, so the use of a musical chairs analogy, while a bit hokey, actually clarifies things considerably. Below, I've posted the short version using SlideShare, so you don't actually have to download the Powerpoint. There's also a long version if you want it, but for most, this guy will do just fine. Now, if we could only get Tom Friedman to watch it...
December 7, 2007 | Permalink
this is based upon the existing NPDES permitting system. That system leaves out all of the small comapnies, non-point discharge, and non-commericals.
All of the costs are indirectly passed onto the consumer. The individual will not have to get a carbon permit for the home, their car, their fleet of trucks of the small business, or even for their small business.
It will make much smaller reductions that the author is stating because it is ignoring so many sources.
Posted by: superdestroyer | Dec 7, 2007 12:44:01 PM
The chairs look like wine glasses to me.
Posted by: Nicholas Beaudrot | Dec 7, 2007 1:28:08 PM
Nick- me too.
Superdestroyer- You answer your question in your first sentence. It doesn't matter that a consumer won't have to buy a permit because prices will be passed down to them from the upstream tax.
Making everyone buy gasoline permits would be more complicated, but have the same eventual effect as simply making Exxon buy the permits, exactly because the costs are passed on.
Posted by: Sam L. | Dec 7, 2007 4:12:51 PM
If you have to do it, you might as well do it right
Posted by: mark | Apr 15, 2009 12:43:45 AM
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