Tag Archives: carbon pricing

No incentive to innovate?

Industry glibly says: “The low carbon price means there is no incentive to innovate.” Hell no, there really isn’t an incentive to innovate.  How about solving a really big problem called “how does man live comfortably without smashing up the … Continue reading

Posted in Climate change policy, Environment, society, politics and economics | Tagged , , , , , , | Leave a comment

Overstretching the EU ETS

EU ETS can’t do everything – generous leakage provisions are not the way to run industrial policy. The EU wants to stimulate investment in clean technology but at the same time it wants to protect its industry from competition from … Continue reading

Posted in Climate change policy | Tagged , , , , , | 1 Comment

Stimulus and response in the EU ETS

We use a carbon tax or an emission trading scheme to stimulate investment in clean technology.  The logic of this idea is based on several steps: we charge people for emitting CO2 and as a result some will find ways … Continue reading

Posted in Climate change policy | Tagged , , , , | Leave a comment

Leaky logic about leakage

Carbon leakage is the idea that if a carbon price is imposed on manufacturers in the EU, then manufacturing will shift from the EU to other markets where there is not a carbon price or where the carbon price is … Continue reading

Posted in Climate change policy | Tagged , , , , , , , | 2 Comments

Ten policies to increase demand for low carbon living and policies

Today a think-tank (IPPR) published a call for a central bank to regulate the EU ETS.  You heard this back in May 2006 on the Bustard (https://www.thebustard.com/?p=457). So here, a few years too early, are ten policies to cut emissions. … Continue reading

Posted in Climate change policy | Tagged , , , , , , , , , | 6 Comments