tag:blogger.com,1999:blog-16612221.post5627114036567065509..comments2024-03-19T03:14:04.172-04:00Comments on Rabett Run: Paul Krugman Adopts Eli Rabett's Simple Plan to Save the WorldEliRabetthttp://www.blogger.com/profile/07957002964638398767noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-16612221.post-16730104336056452372014-06-12T15:03:38.380-04:002014-06-12T15:03:38.380-04:00The problem I see with Krugman's proposal is t...The problem I see with Krugman's proposal is the inability to track the carbon emissions through the supply chain in a country such as China. <br /><br />However a carbon tax seems fine to me if the regime drops income tax rates to keep government income at a similar level. Unfortunately this is somewhat regressive. <br /><br />On the other hand, do these Nobel prize winners remember methane, soot and the other baddies? Should we have a tax on beef and rice? Fernando Leanmehttps://www.blogger.com/profile/16085680730729620836noreply@blogger.comtag:blogger.com,1999:blog-16612221.post-36082479453783284262014-06-09T00:21:51.027-04:002014-06-09T00:21:51.027-04:00But everybody knows the Imperial Planetologist is...But <i>everybody</i> knows the Imperial Planetologist is a rabbit.THE CLIMATE WARShttps://www.blogger.com/profile/02578106673226403151noreply@blogger.comtag:blogger.com,1999:blog-16612221.post-26966131105125646072014-06-08T16:09:35.772-04:002014-06-08T16:09:35.772-04:00Oops! left out a 'by 2050' from my previou...Oops! left out a 'by 2050' from my previous post.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16612221.post-6965415385827737942014-06-08T15:47:28.418-04:002014-06-08T15:47:28.418-04:00Eyeballing, it looks like Montreal would have brou...Eyeballing, it looks like Montreal would have brought the increase in Stratospheric Chlorine down from about 13 ppb to about 5 ppb.<br /><br />That seems pretty good for something that was "pretty useless"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16612221.post-59069462246310788892014-06-06T23:12:12.141-04:002014-06-06T23:12:12.141-04:00The Montreal Protocol is good evidence that doing ...The Montreal Protocol is good evidence that doing something to get things going is worth it, even if the initial thing doesn't have much bite. From my favorite graph about this:<br /><br />http://dtc.pima.edu/blc/105/509/step3/cl%20and%20montreal%20protocol.jpg <br /><br />Turns out that Montreal protocol was pretty useless -- but it paved the way for London 1990 and Copenhagen, 1992.Eric Steignoreply@blogger.comtag:blogger.com,1999:blog-16612221.post-90610979629075038532014-06-06T21:58:45.842-04:002014-06-06T21:58:45.842-04:00Despite what the abstract implies, page 23 of the ...Despite what the abstract implies, page 23 of the paper you linked says tariffs to compensate for a domestic carbon-tax or emissions permits probably will not be acceptable: <br /><br />In sum, even though in economic terms not internalizing the full cost of carbon could be seen as „dumping‟ or a „subsidy‟, in legal-WTO terms, the failure of a government to impose a carbon tax or to otherwise force producers to internalise the full price of carbon, does not normally give other WTO members the right to impose offsetting duties on imports.<br /><br />The simplest way to impose a carbon tax is on carbon fuels. p27 appears to say the cost of such a tax can not be added to imported goods through a tariff. <br /><br />"Where the carbon tax or charge is imposed not directly on the product as such but on its producer, based, for example, on the carbon emissions measured at a production installation (for practical purposes it is easier to check carbon emissions at the production site), the situation is more complicated. On the one hand, following the definitions of „direct‟ versus „indirect‟ taxes in the SCM Agreement, a carbon tax (even one imposed on producers) would seem to be classified as an „indirect tax‟ and thus, in principle, be adjustable. On the other hand, it remains unclear whether a tax on inputs (such as energy) which are not physically incorporated into the final product (such as a tax on carbon emitted in, say, China but not, of course, physically present in the steel imported into the United States) can be adjusted at the border. These so-called „hidden taxes‟ (or taxes occultes) target not the physical features of the imported product itself, but rather the process or production method of the product abroad, that is, the fact that when producing, say, steel in China, carbon was emitted in China." <br /><br />As I read this, the higher cost of products arising from higher electricity and transportation costs engendered by a significant carbon tax could not be off-set by a tariff on imported goods made without such costs. The higher costs associated with the EPA's new rules on CO2 emissions during electricity generation could not be adjusted. <br /><br />If you don't universally tax on carbon-based FUELS, it is not a real carbon tax. If you can't protect domestic producers from competitors who don't apply a significant carbon tax (or the equivalent through emissions permits), governments are never going to impose a carbon tax large enough to reduce emission. <br /><br />AmonymiceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-16612221.post-85814165540003988312014-06-06T15:36:38.947-04:002014-06-06T15:36:38.947-04:00Eli needs to have a heart to heart with the world ...Eli needs to have a heart to heart with the world bout that.EliRabetthttps://www.blogger.com/profile/07957002964638398767noreply@blogger.comtag:blogger.com,1999:blog-16612221.post-4701254183854178052014-06-06T15:28:09.382-04:002014-06-06T15:28:09.382-04:00Have you and Krugman confided your delusions of gr...Have you and Krugman confided your delusions of grandeur with your qualified counselor?<br /><br />I'll ask around, but I don't think the world wants to be saved by you.<br /><br />Puutty-puut ( Vlad )<br /><br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16612221.post-55504953879902385432014-06-06T14:44:43.046-04:002014-06-06T14:44:43.046-04:00Dang, I thought EAL stood for Eli Added Levy.Dang, I thought EAL stood for Eli Added Levy.climatehawk1noreply@blogger.com