http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/ The Latest on Climate Science, Solutions, and Politics Sat, 21 Nov 2009 23:27:35 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4884 bill Fri, 03 Aug 2007 09:40:47 +0000 http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4884 We need to increase the tax to $150/ton. The government can then redistribute this money to clean technology companies. For example, I have an invention for solar powered tricycles and I could use the money to help build and market my tricycles. We need to increase the tax to $150/ton. The government can then redistribute this money to clean technology companies. For example, I have an invention for solar powered tricycles and I could use the money to help build and market my tricycles.

]]> http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4725 Joe Thu, 12 Jul 2007 17:02:54 +0000 http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4725 Interesting post. The starting price, $12/ton, is still a bit on the low end to move clean technologies into the marketplace in a big way. Interesting post. The starting price, $12/ton, is still a bit on the low end to move clean technologies into the marketplace in a big way.

]]> http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4724 Phil Mitchell Thu, 12 Jul 2007 16:24:50 +0000 http://climateprogress.org/2007/07/11/the-low-carbon-economy-act-of-2007/#comment-4724 I agree this bill is too weak. However, my thinking about safety valves changed once I realized that a safety valve is really just a mechanism for turning a cap-and-trade system into a carbon tax. Of course, we need to consider whether a cap or a tax is the right way to go, but that's a more subtle question, and there appear to be some good arguments in favor of the tax. I agree this bill is too weak. However, my thinking about safety valves changed once I realized that a safety valve is really just a mechanism for turning a cap-and-trade system into a carbon tax. Of course, we need to consider whether a cap or a tax is the right way to go, but that’s a more subtle question, and there appear to be some good arguments in favor of the tax.

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