Why a carbon tax makes sense

Lights on – or off? Low-carbon living is anything but easy...
By Tim Harford
Published: January 2 2010 00:42 | Last updated: January 2 2010 00:42

Some excerpts from Tim’s blog. You can read the full article or you can stick to the summary points below. Other than examples and some other minor points the message below pretty much covers his point.

“Those of us resolving to lead a lower-carbon life in 2010 could do worse than acquire a copy of Prashant Vaze’s new book, The Economical Environmentalist, in which the author picks over the fine details of his life.”

“This virtue is underrated. Environmentalists have been slow to realise that the fashionable eco-lifestyle is riddled with contradictions.”
“Other less-than-obvious truths are: that pork and chicken have substantially lower carbon footprints than beef and lamb (yes, even organic beef and lamb); that milk and cheese also have a substantial footprint; that dishwashers are typically more efficient than washing dishes by hand; and that eco-friendly washing powders may be distinctly eco-unfriendly because they tend to tempt people to use hotter washes.”
“My conclusion is that a well-meaning environmentalist will make counterproductive decisions several times a day. I don’t blame the environmentalists: the problem is intrinsically complicated.”
“...a broad-based, credible carbon price will be the foundation of any successful policy on climate change. The price would affect the cost of every decision we make; it would take away the guesswork. Current carbon pricing schemes, such as the European emissions trading scheme, are a good start, but they leave out too many sectors, and permits are too cheap.”

-John Corey
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