Comments on Geoff Carmody “From Rio to Copenhagen the model was wrong”, 13/01/2209, http://www.theaustralian.com.au/news/opinion/from-rio-to-copenhagen-the-model-was-wrong/story-e6frg6zo-1225818572530
Carmody proposes to use a consumption tax based approach to emissions reduction in the world.
It is a very awkward and distorted one from an economist that has forgotten or foregone basic economic principles, even though a tax based on consumption may be equivalent to a tax on emissions directly.
Why not tax emissions from their sources and directly?
It appears that it is all based on a country’s self interest, as opposed to what is the best policy for the world as a whole.
It seems it is all based on a country’s self interest. It is another form of special interest groups.
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