Comments on: Apparently Markets Allow Buying and Selling http://cstpr.colorado.edu/prometheus/?p=4914 Wed, 29 Jul 2009 22:36:51 -0600 http://wordpress.org/?v=2.9.1 hourly 1 By: TokyoTom http://cstpr.colorado.edu/prometheus/?p=4914&cpage=1#comment-11872 TokyoTom Fri, 06 Feb 2009 04:58:02 +0000 http://sciencepolicy.colorado.edu/prometheus/?p=4914#comment-11872 Touche, Roger. I thought the same thing; it seems that enviors don't understand markets, even ones they help to create. In a recession, production contracts, so the demand for carbon permits (and prices) also falls. Of course, it's a little more complicated, as (1) the EU has little incentive to make ETS really work unless the US, China etc. agree to bear some of the pain as well, and (2) enviros want to create political pressure to get better performance. If they want to keep prices high, perhaps they ought to consider buying (and holding without using) some permits themselves. Touche, Roger. I thought the same thing; it seems that enviors don’t understand markets, even ones they help to create. In a recession, production contracts, so the demand for carbon permits (and prices) also falls.

Of course, it’s a little more complicated, as (1) the EU has little incentive to make ETS really work unless the US, China etc. agree to bear some of the pain as well, and (2) enviros want to create political pressure to get better performance. If they want to keep prices high, perhaps they ought to consider buying (and holding without using) some permits themselves.

]]> By: JesseJenkins http://cstpr.colorado.edu/prometheus/?p=4914&cpage=1#comment-11738 JesseJenkins Fri, 30 Jan 2009 20:01:45 +0000 http://sciencepolicy.colorado.edu/prometheus/?p=4914#comment-11738 Oregon Congressman Peter DeFazio seems to be taking a similar line, essentially arguing to "keep the cap, ditch the trade" in <a href="http://www.oregonlive.com/opinion/index.ssf/2009/01/the_wrong_road_to_reducing_emi.html" rel="nofollow">this op ed</a> for the Oregonian this week. Is this the new "populist" environmentalist position on carbon regulations? Oregon Congressman Peter DeFazio seems to be taking a similar line, essentially arguing to “keep the cap, ditch the trade” in this op ed for the Oregonian this week. Is this the new “populist” environmentalist position on carbon regulations?

]]> By: jae http://cstpr.colorado.edu/prometheus/?p=4914&cpage=1#comment-11718 jae Thu, 29 Jan 2009 18:27:56 +0000 http://sciencepolicy.colorado.edu/prometheus/?p=4914#comment-11718 LOL. As you have been saying all along.... Hope the Obama Admin. is actually understanding this problem (I doubt it, though, since they seem to have very little concept of how capitalisim actually works, as proved by the "stimulus" bill). LOL. As you have been saying all along…. Hope the Obama Admin. is actually understanding this problem (I doubt it, though, since they seem to have very little concept of how capitalisim actually works, as proved by the “stimulus” bill).

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