tag:blogger.com,1999:blog-28189019.post7426345475962386895..comments2023-11-03T11:37:04.473+00:00Comments on nothing new under the sun: The problems with cap and tradebyron smithhttp://www.blogger.com/profile/17938334606675769903noreply@blogger.comBlogger54125tag:blogger.com,1999:blog-28189019.post-60169738939214716602012-11-19T23:22:20.779+00:002012-11-19T23:22:20.779+00:00David Roberts: Ten reasons a carbon tax is trickie...David Roberts: <a href="http://grist.org/climate-energy/ten-reasons-a-carbon-tax-is-trickier-than-you-think/" rel="nofollow">Ten reasons a carbon tax is trickier than you think</a>. Some important points made here. David's contributions are pretty much always worth reading.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-81397751703448043492011-08-01T11:54:31.094+01:002011-08-01T11:54:31.094+01:00Michael Tobis offers another argument against a ca...Michael Tobis offers <a href="http://initforthegold.blogspot.com/2011/07/problem-with-carbon-tax.html" rel="nofollow">another argument against a carbon tax</a>, which is actually an argument against any kind of carbon price, whether set by the government or by the market: "The free market solution works best if the distribution of wealth is roughly even. The more the difference between the byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-5826353562019659342010-09-17T21:20:19.339+01:002010-09-17T21:20:19.339+01:00Now BHP Billiton are calling for a carbon tax and ...Now <a href="http://www.smh.com.au/business/bhp-boss-dumps-on-future-of-coal-20100915-15cpk.html" rel="nofollow">BHP Billiton are calling for a carbon tax</a> and <a href="http://www.smh.com.au/national/all-bets-are-off-says-pm-20100917-15gbl.html" rel="nofollow">Gillard seems to be seriously entertaining the possibility</a>.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-10166282996585286092009-12-26T00:21:25.155+00:002009-12-26T00:21:25.155+00:00RE: Accountants et al.
I used to work in one of th...RE: Accountants et al.<br />I used to work in one of the Big 4 Accounting Firms (KPMG, Deloitte Touche Tomatsu, PWC, Ernst & Young) and I have seen if from the inside.<br /><br />Ironically it is the "deduction of expenses for relevant expenses for the purpose of gaining taxable income" that causes so much complexity in our tax law and also the entire raft of massive accounting Juggernaut1981https://www.blogger.com/profile/09770878317522688714noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-70656758740635655622009-12-22T12:36:53.462+00:002009-12-22T12:36:53.462+00:00Hmmm, good question. I hadn't really noticed t...Hmmm, good question. I hadn't really noticed that before. I'm not quite sure what to make of it.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-49799840915774853322009-12-22T11:46:14.402+00:002009-12-22T11:46:14.402+00:00Thanks Byron, I will read through the links provid...Thanks Byron, I will read through the links provided in the New Year when I can consider them properly.<br /><br />I did have a quick Q on the Genesis 8 passage. Do you think that there is any significance or difference between "God saying in His heart" 8:21-22 and "God establishing a covenant" Genesis 9:8-17.<br /><br />For some reason (unknown - perhaps the personal feel) Anonymoushttps://www.blogger.com/profile/18421725439187727161noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-83991802973864458102009-12-22T10:15:09.606+00:002009-12-22T10:15:09.606+00:00I concede your point about the frequency of tax ro...I concede your point about the frequency of tax rorts. However, this doesn't mean that the whole system of allowing people reductions for legitimate expenses is a bad idea, just that it requires (a) further regulation to close loopholes and (b) more repentance from greed and joyful acceptance of the <a href="http://nothing-new-under-the-sun.blogspot.com/2007/10/in-praise-of-taxation.html" relbyron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-90767412582994765082009-12-22T10:15:03.829+00:002009-12-22T10:15:03.829+00:00Kathy, thanks again for your reply. It doesn't...Kathy, thanks again for your reply. It doesn't sound like you are out of your depth at all, since your comments were quite coherent and relevant.<br /><br />I repeat that neither the basic science nor the predictive models of climatology are dependent upon paleoclimatology (the study of old climates), though this provides some corroborating evidence. Although I agree that there are good byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-75313456834742966382009-12-22T01:24:14.692+00:002009-12-22T01:24:14.692+00:00I would however be interested in your thoughts on ...I would however be interested in your thoughts on God’s promise in Genesis 8:<br /><br />Never again will I curse the ground because of man, even though every inclination of his heart is evil from childhood. And never again will I destroy all living creatures, as I have done. "As long as the earth endures, seedtime and harvest, cold and heat, summer and winter, day and night will never ceaseAnonymoushttps://www.blogger.com/profile/18421725439187727161noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-39321395509906962202009-12-22T01:22:48.684+00:002009-12-22T01:22:48.684+00:00Oh dear, this is the reason why I rarely comment o...Oh dear, this is the reason why I rarely comment on your posts... I am way out of my league *lol*<br /><br />The intent of my original post was to direct your attention to an article I thought might interest you not to start a debate on an issue that I have by no means entirely made up my mind on, or how we should tackle it. I do however trust in our Lord's Word and strongly believe that it Anonymoushttps://www.blogger.com/profile/18421725439187727161noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-69974633249605160822009-12-21T22:59:09.573+00:002009-12-21T22:59:09.573+00:00PS Kathy - I am sorry, I mistakenly assumed you we...PS Kathy - I am sorry, I mistakenly assumed you were from the US for some reason, despite your repeated comments about Australia. I don't know why. Please forgive this lapse of concentration.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-73122421232696119282009-12-21T20:13:39.996+00:002009-12-21T20:13:39.996+00:00Kathy,
Thanks for writing back again, though I ha...Kathy,<br /><br />Thanks for writing back again, though I have a few points to make which might differ from your current assumptions.<br /><br />First, how does the science of greenhouse warming rely on an earth that is millions of years old? Fairly straightforward chemistry and physics is involved in the fact that carbon dioxide molecules retain part of the solar radiation energy as heat, and byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-8710298918899180972009-12-21T17:18:33.099+00:002009-12-21T17:18:33.099+00:00Byron…
Science based on evolution meaning based on...Byron…<br />Science based on evolution meaning based on the earth being x billion number of years old.<br /><br />Revenue neutral sounds good in theory, but rarely plays out in practise. The government’s health rebate is a prime example... I am now paying over $200 a month for what I used to pay about $20 and I am yet to see any improvements in our health system.<br /><br />I also receive a very Anonymoushttps://www.blogger.com/profile/18421725439187727161noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-79481395109346817792009-12-21T17:00:14.454+00:002009-12-21T17:00:14.454+00:00Kathy - PS thanks for the link to that Monbiot art...Kathy - PS thanks for the link to that Monbiot article. He is nearly always provocative and worth reading. I am very cynical about offsetting (as is clear from the video I posted and a number of the comments in the thread above. If you haven't already done so, make sure you check out <a href="http://www.cheatneutral.com/" rel="nofollow">this spoof site</a> that I mentioned earlier.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-57405259184938608382009-12-21T16:51:38.511+00:002009-12-21T16:51:38.511+00:00Juggernaut - thanks for your reply, which is very ...Juggernaut - thanks for your reply, which is very much along similar lines to the video I posted. Perhaps the main point of difference is this paragraph:<br /><br /><i>I am completely for companies engaging in activities that will reduce emissions or otherwise reduce carbon in the atmosphere getting a commodity that can potentially be sold. They are doing something to benefit the rest of us and Ibyron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-76183655504768439562009-12-21T16:46:34.506+00:002009-12-21T16:46:34.506+00:00Kathy, I am a little confused: how is climate scie...Kathy, I am a little confused: how is climate science based on evolution? As for taxing the working class, most versions of carbon taxation include forms of rebate for those on lower incomes, since their energy usage is typically a higher proportion of their income, but lower absolutely than those with high income. Thus a rebate (even one as simple as giving everyone in the country a cheque of byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-30684682559388260922009-12-21T16:04:40.217+00:002009-12-21T16:04:40.217+00:00Hi Byron, I have been reading your posts on Climat...Hi Byron, I have been reading your posts on Climate Change with much interest. I have been very sceptical about the whole climate change debate in Australia with science that is based on evolution and solutions that involve taxing the working class. Hence the reason I have taken interest in your posts, knowing the Biblical foundation you work from.<br /><br />Anyway this post reminded me of Anonymoushttps://www.blogger.com/profile/18421725439187727161noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-78198031895302935052009-12-18T01:07:28.180+00:002009-12-18T01:07:28.180+00:00Byron,
Sorry for not replying sooner.
RE: Cap &am...Byron,<br />Sorry for not replying sooner.<br /><br />RE: Cap & trade Systems.<br />The idea behind it is simple. Solving carbon emissions costs but unlike the other costs of goods (e.g. materials, labour, electricity costs, freight) carbon emissions are neglected in the price to market.<br /><br />To be blunt about offsets "for free"...<br />Offsets are a political tool to appeaseJuggernaut1981https://www.blogger.com/profile/09770878317522688714noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-82514052091260737362009-12-17T16:55:17.282+00:002009-12-17T16:55:17.282+00:00Stan
we the present relatively poor global populat...Stan<br /><i>we the present relatively poor global population paying for it all (some with our lives, some with our xboxes).</i><br />Leaving aside the question of CATO's credibility, as you say, this poverty is entirely relative and for us with access to the internet has nothing to do with <a href="http://en.wikipedia.org/wiki/Poverty" rel="nofollow">absolute poverty</a>. I don't need 88byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-68127688506236754062009-12-12T20:22:05.745+00:002009-12-12T20:22:05.745+00:00Byron,
The McKinsey graph and accompanying report ...Byron,<br />The McKinsey graph and accompanying report are packed with useful information. Although CCS makes a big contribution in it, 4.1 billion tonnes/year captured CO2 by 2030, there is another 8.7 billion tonnes from power alone that has not been captured. This low technology penetration is just an assumption but one that seems to be shared by other forecasters. <br /><br />I am convinced Jem Cooperhttps://www.blogger.com/profile/03318806526167072946noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-3246790035065140112009-12-09T14:15:13.220+00:002009-12-09T14:15:13.220+00:00Actually per Stern (see below) the projected costs...Actually per Stern (see below) the projected costs would never leave us 1% as wealthy. Not to mention that future costs of mitigation technology will likely go down. Per Stern:<br />http://tinyurl.com/yallafk<br /><br />Commentary from CATO:<br />"This figure shows that even after accounting for losses in GDP per capita due to climate change – and inflating these losses — net GDP per capita stannoreply@blogger.comtag:blogger.com,1999:blog-28189019.post-50747540871245782502009-12-09T11:21:03.094+00:002009-12-09T11:21:03.094+00:00Jem - let me know your conclusions when you get a ...Jem - let me know your conclusions when you get a chance.byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-1136430749928069632009-12-09T11:20:16.010+00:002009-12-09T11:20:16.010+00:00I am not referring to "cost of mitigation&quo...<i>I am not referring to "cost of mitigation" in 2100. I am referring to a GDP shortfall, loss of potential wealth over the century. I am just using Stern's rather conservative innocuous- sounding 1% a year GDP from now til the end of the century. It's just an isolated exercise in compound interest.</i><br />And the problem is its very isolation. To do the same exercise in byron smithhttps://www.blogger.com/profile/17938334606675769903noreply@blogger.comtag:blogger.com,1999:blog-28189019.post-9204354017516367372009-12-09T03:17:37.471+00:002009-12-09T03:17:37.471+00:00I am not referring to "cost of mitigation&quo...I am not referring to "cost of mitigation" in 2100. I am referring to a GDP shortfall, loss of potential wealth over the century. I am just using Stern's rather conservative innocuous- sounding 1% a year GDP from now til the end of the century. It's just an isolated exercise in compound interest.<br /><br /> That consensus minimum 1% less growth a year is certain. Its benefits stannoreply@blogger.comtag:blogger.com,1999:blog-28189019.post-17173766071449546112009-12-08T20:39:55.465+00:002009-12-08T20:39:55.465+00:00Byron,
Thanks for the links to the graph. It's...Byron,<br />Thanks for the links to the graph. It's packed with useful information. But I need more time to think about the implications. At first glance I am filled with hope because my typical 50 euros/tonne of CO2 which was only equivalent to $32/barrel of oil seems to be enough to bring emissions down by 34 billion tonnes/year; end of problem. But I need to check it all out tomorrow.Jem Cooperhttps://www.blogger.com/profile/03318806526167072946noreply@blogger.com