May 15, 2014
TAX WHAT YOU DON'T WANT...:
Scientists back carbon pricing over direct action (Tim Dean, 5/15/14, Cosmos)
Analysts agree the existing carbon pricing scheme that the Coalition is itching to junk, and the emissions trading scheme (ETS) it was intended as a stepping stone towards, are a more effective and cost-efficient way to reduce emissions. One economic benefit of an ETS, for example, is that it lets market forces find the cheapest ways of reducing emissions, rather than the government choosing those it believes will be most likely to work.
...and let the market choose among alternatives.Posted by Orrin Judd at May 15, 2014 3:49 PM