re: EPA regs to kill nuclear power

quote:

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No, I've never thought direct action is a great way of controlling emissions. Pigovian taxes are better because they don't pick winners, they just say "okay, carbon is now expensive, may the best green tech win."

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Actually taxes (or fees for CO2 emissions) does pick winners and losers. Big corporations (i.e. oil and gas companies) can absorb the costs of taxes much easier than a start up company that might have the key to unlocking the "green fuels" door, but has to go out of business.