Tag Archives: cap and trade

Rough Solutions for Significantly Reducing Carbon Emissions in the Next Few Decades

Take for example nuclear power. If there are CO2 taxes, that makes nuclear power more profitable than coal and it will automatically replace it. Also, somewhat similar for solar power. It is most of the time not wise to mandate very inefficient feelgood solar plants in cloudy areas. That is just theater. (On the other hand, it is sometimes worth supporting industry that is in its infancy and not immediately useful, but has potential in the further future. But this could be the wrong way.) But if they are built on profit and cost/benefit mechanisms alone, then they are probably built in more sensible places. Continue reading

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