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Old 02-25-2007, 09:22 AM   #4
Sironimoll

Join Date
Oct 2005
Posts
462
Senior Member
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In other words they want to tax the air.

No thanks. I don't give a fuck how many multisyllabic words they use to describe it. I am against the air tax.
Hi Hairball,

No, they don't want to tax the air, otherwise I would never had said I like this. In the whole text of that part, they imply that Kyoto is so last-decade and out-of-date. They suggesst that the global community come up with a new plan. That plan includes regulations of C emmisions based on the free market. Say a country is given a cap on C emissions of 2,000Kkg/year (I just picked a number). What that country could do was "sell" parcels of that cap on a market. Maybe Detroit Edison figures it can emit 100Kkg/year of C, but each kg/year of C emissions costs them $1. They look at their budget, decide they can't afford the current market rate of buying that emission, so they change their process so that they emeit less C.

Since all C emmiting industries will want to buy some of that total cap, the price/kg/year of the cap will increase (demand). So, either the industries spend money to change their processes to reduce emissions, or they fork out the dough. They will do what is best for their bottom line and the market will determine a price for those "shares" of the emission total based on its overall supply.

In some respects, this exists now in the US. I like the plan since it ensures regulations on C emissions that are equitable for all countries.
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