Comments on: The Polish Loophole Takes Shape http://cstpr.colorado.edu/prometheus/?p=4732 Wed, 29 Jul 2009 22:36:51 -0600 http://wordpress.org/?v=2.9.1 hourly 1 By: dk.au http://cstpr.colorado.edu/prometheus/?p=4732&cpage=1#comment-11292 dk.au Thu, 20 Nov 2008 04:44:10 +0000 http://sciencepolicy.colorado.edu/prometheus/?p=4732#comment-11292 So if loopholes indicate policy failure for cap and trade, does that make the Title IV Amendment to the Clean Air Act (the US SO2 Scheme that inspired Kyoto's CDM) a failure, despite smoothing out the costs of compliance for coal fired generators over many years? So if loopholes indicate policy failure for cap and trade, does that make the Title IV Amendment to the Clean Air Act (the US SO2 Scheme that inspired Kyoto’s CDM) a failure, despite smoothing out the costs of compliance for coal fired generators over many years?

]]> By: Jim Clarke http://cstpr.colorado.edu/prometheus/?p=4732&cpage=1#comment-11288 Jim Clarke Wed, 19 Nov 2008 19:14:20 +0000 http://sciencepolicy.colorado.edu/prometheus/?p=4732#comment-11288 Roger, You wrote: "At the same time, Europe really can’t let its climate policies appear to fail." In the next paragraph you wrote: "Such loopholes are the Achilles Heel of cap-and-trade, and doom the EU plans to policy failure." You seem to be saying that the EU, in an attempt to appear NOT to be failing, are dooming themselves to failure! I agree! My question is: What is the cost to the EU for climate policy failure? What price would they pay if they simply walked away from negotiations today and did not seriously return to the issue for several years? I think such a move would benefit the EU economy. I don't see how it will harm them. Is it just a matter of reputation? If so, who can throw stones? Roger,

You wrote: “At the same time, Europe really can’t let its climate policies appear to fail.” In the next paragraph you wrote: “Such loopholes are the Achilles Heel of cap-and-trade, and doom the EU plans to policy failure.”

You seem to be saying that the EU, in an attempt to appear NOT to be failing, are dooming themselves to failure! I agree! My question is: What is the cost to the EU for climate policy failure? What price would they pay if they simply walked away from negotiations today and did not seriously return to the issue for several years?

I think such a move would benefit the EU economy. I don’t see how it will harm them. Is it just a matter of reputation? If so, who can throw stones?

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