The carbon pricing pony
Paul Krugman is annoyed by carbon tax utopians who oppose the most aggressive measures that seem possible in favor of much more aggressive measures that are simply impossible:
For here’s the way it is: we have a real chance of getting a serious cap and trade program in place within a year or two. We have no chance of getting a carbon tax for the foreseeable future. It’s just destructive to denounce the program we can actually get — a program that won’t be perfect, won’t be enough, but can be made increasingly effective over time — in favor of something that can’t possibly happen in time to avoid disaster.
One way to make this point is that you see an enormous amount of smart commentary on the question of "what carbon pricing policy would we favor in a perfect world" but very little commentary on the question of "how do you improve the bills we're likely to pass?" Nor do many people argue that not passing anything now and not passing anything in the future is better than passing a compromised bill now. Instead, it's all just imagine a carbon-pricing pony ...
December 7, 2009; 3:45 PM ET
Categories: Climate Change
Save & Share: Previous: Ben Nelson proposes Stupak language for the Senate health bill
Next: Think tank
Posted by: marvyT | December 7, 2009 4:02 PM | Report abuse
Posted by: bmull | December 7, 2009 4:27 PM | Report abuse
Posted by: tl_houston | December 7, 2009 5:20 PM | Report abuse
Posted by: NS12345 | December 7, 2009 5:34 PM | Report abuse
Posted by: bcbulger | December 7, 2009 5:41 PM | Report abuse
Posted by: NS12345 | December 7, 2009 5:53 PM | Report abuse
Posted by: redwards95 | December 7, 2009 6:18 PM | Report abuse
Posted by: michaelterra | December 7, 2009 8:44 PM | Report abuse
The comments to this entry are closed.