Crawl Across the Ocean

Monday, February 05, 2007

Last Word on Climate Change for a While...

naturally, goes to the Summary for Policymakers from the IPCC's recently released report. It's pretty clearly written and not all that long. I recommend reading it, or at least skimming it.

I find that, much like electoral reform, this topic tends to make me frustrated with people who just don't seem to (in my opinion) get it, leading to ever-changing, often-escalating attempts to get my point across. But maybe I'll leave it for a little while and come back to it later to talk about what action we can take both to reduce our emissions and mitigate the impact of climate change on ourselves and the planet.

In the meantime, Robert is in the middle of a series of posts on how to meet our Kyoto targets, and Mike puts out a call for suggestions and gets lots of responses.

Updated to add mentions to these two posts on carbon taxes by John at Dymaxion World. I differ from John in that I would probably try to make a carbon tax revenue neutral, using the money raised to lower income taxes at the bottom of the income scale and smooth out some of the sharp marginal rates caused by benefit clawback thresholds.

4 Comments:

  • Declan, stop talking sense and looking for actual solutions. Don't you realize that this is all just a conspiracy to give money away to poor countries?

    In answer to your previous post, I suspect we will continue to hear this kind of denial and stupidity up to the point that Saskatchewan is a desert and New York is under water. Even then, it will somehow be blamed on the evil socialists.

    By Blogger Mike, at 8:17 AM  

  • Declan,

    Would you consider yourself pigovian and part of Greg Mankiw's club?

    (yeah, I know Mankiw used to work for Bush but before that he was always considered a New Keynesian or at least some of the work I read of his was.)

    Check out this link:

    http://gregmankiw.blogspot.com/2006/10/pigou-club-manifesto.html

    By Blogger Bailey, at 8:28 PM  

  • I don't know about being part of Greg Mankiw's club, but I do support pigovian taxes and I agree with that post you linked to. We should definitely try to fix some of the obvious cases where the market prices are not effective price signals due to large positive or negative externalities not included in the market price.

    By Blogger Declan, at 10:19 PM  

  • And somewhat tangentially, see here:

    Mr. Qin said the central (Chinese) government had already set a “very ambitious and arduous goal” of reducing carbon dioxide and other emissions by 4 per cent a year over the next five years.

    The central government is “very serious about the commitment and has firmly demanded all regions to meet the emissions reduction targets,” he said.

    China has no binding international commitments to reduce its emissions, however, and failed to meet similar targets set by the government five years ago.


    So, if the Chinese have made no better progress then we have, they're at least setting short term targets. I have my doubts that they'll be met, but when will Harper commit (rhetorically, anyway) to doing as much as China?

    By Blogger JG, at 9:24 AM  

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