ETS hacking


This seems like a good way to:




2 thoughts on “ETS hacking”

  1. I think (3) will always happen. You can’t play within the rules and beat the people who help write the rules. 🙁

    ETS in general frustrates me, because it’s so obviously a Correct and Good Idea, and imo is an example where democracy/lobbying fails us. If everyone who educates them on the issue and does not have a personal financial incentive supports ETS, why aren’t they happening?

  2. A significant benefit of a cap-and-trade system over a flat tax is that it stimulates innovative strategies for which there would not otherwise be any incentives. What follow-on effects would a successful non-profit like this have?

    Even the system itself is not yet confirmed. The nature of the effects of cap-and-trade versus BAU and forms of taxing is not easily predicted because each system (such as the very successful NO2/SO2 examples in the US) are highly context-sensitive. The leading economists in the area are constantly arguing about the pros and cons of cap-and-trade under different circumstances and they all use ‘good science’ to determine their conclusions.

    The one factor that I have seen over and over again is that it is very difficult to enforce equity in such a system. Small companies versus big companies, resource-rich countries versus not-so-resource-rich countries. It is easy to lay blame on politicians for not implementing this properly in Europe and not initiating it in Australia but the academic answer is still “sometimes it is good, sometimes it is bad, and it would be very difficult to establish and maintain equity”.

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