unofan
Well-known member
Re: The 112th Congress: Debt ceiling edition
Well, yeah, if we want market based solutions, which I thought we did (at least according to everyone who's calling Obama a socialist). The entire point of cap-and-trade schemes is to monetize externalities so that the impact of the externalities is accounted for in the market. The fact that it worked on a smaller scale should embolden all free market proponents to encourage its use on bigger issues.
My my, aren't we being pedantic this morning. Too bad that definition doesn't work for phrases like nuclear waste (much of which is so unusable we want to bury it in solid rock for 10,000 years) or the ever popular euphamism, waste management (aka, garbagemen).
The economic impact of cap and trade for sulfur dioxide was a miniscule fraction of the impact cap and trade for carbon would have. Bad comparison. Not to mention the different "polluting" characteristics of the two. Using this logic, we should do cap and trades for everything.
Well, yeah, if we want market based solutions, which I thought we did (at least according to everyone who's calling Obama a socialist). The entire point of cap-and-trade schemes is to monetize externalities so that the impact of the externalities is accounted for in the market. The fact that it worked on a smaller scale should embolden all free market proponents to encourage its use on bigger issues.
Guess we should all stop breathing then, as we're wasting the carbon dioxide we breathe out. Emissions aren't necessarily waste. Waste entails the concept of something that could be useful for some purpose but is not captured for that purpose.
My my, aren't we being pedantic this morning. Too bad that definition doesn't work for phrases like nuclear waste (much of which is so unusable we want to bury it in solid rock for 10,000 years) or the ever popular euphamism, waste management (aka, garbagemen).