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re: EPA regs to kill nuclear power
Posted on 12/1/14 at 2:59 pm to WeeWee
Posted on 12/1/14 at 2:59 pm to WeeWee
quote: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."
I thought you were one of the ones wanting the EPA to control emissions. I guess you didn't realize they (EPA) are retarded.
Direct action gets you Solyndra and regulatory capture. As seen here, where nuclear is now going to have to fight the favored techs of the right and the left with 94.2% of its arms tied behind its back.
This post was edited on 12/1/14 at 3:00 pm
Posted on 12/1/14 at 3:22 pm to Iosh
quote:I think your link demonstrates the opposite.
Pigovian taxes are better because they don't pick winners
Barring direct measurement and tracking the end use of all CO2 sources (which isn't physically nor fiscally possible), bureaucracies will come up with empirical models to "estimate" the production and use tax bases.
Clearly, the bureaucracy did pick a winner/loser in the case you cited by manipulating the production "model". I have little confidence next time they will get it right.
This post was edited on 12/1/14 at 3:23 pm
Posted on 12/1/14 at 3:27 pm to Iosh
quote:
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."
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.
Posted on 12/1/14 at 3:31 pm to Iosh
quote:
Pigovian taxes are better because they don't pick winners, they just say "okay, carbon is now expensive, may the best green tech win."
How does the government determine what the tax should be?
quote:
Direct action gets you Solyndra and regulatory capture. As seen here, where nuclear is now going to have to fight the favored techs of the right and the left with 94.2% of its arms tied behind its back.
The government's green energy loan program has actually posted a profit for taxpayers. Solyndra was a loser but enough of the loans did well enough we made money. Highlighting Solyndra is selection bias at its best. If you took Warren Buffet's worst investment and ignored everything else he's done he'd look like a moron, too. On the other hand take joe schmo who invests based on what he hear's from Jim Cramer, and his best investment might make him look like a genius.
This post was edited on 12/1/14 at 3:33 pm
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