Archive for April 10th, 2007

Wanted: A stable, predictable price for carbon! (Must not be too low!)

10th 2007f April, 2007, Peter

Today’s London Financial Times has an editorial calling for political action to secure a successor agreement to the Kyoto Protocol, in the hope of avoiding a climate change catastrophe. Among good, strong words we read:
“Politicians will have to learn how to sell any deal, too. Many countries are responding to climate change by [...]

Another call to auction CO2 permits

10th 2007f April, 2007, Peter

This time from academic economists at Oxford University.
“A study co-authored by Robert Ritz of Nuffield College, to be presented to the Royal Economic Society’s annual conference next week, said the plan to auction up to 10 per cent of the allowances in 2008-2012, with the rest distributed to companies free, amounted to a substantial [...]

Air-travel taxes increasing emissions?

10th 2007f April, 2007, Peter

A study by Ireland’s Economic and Social Reseach Institute argues that the February increase in the UK’s air passenger duty — a tax on flights aimed at discouraging travel — is likely to cause people to take more long-distance flights, and thus increase overall carbon emissions arising from air-travel. One would [...]