Comments on ZhongXiang Zhang "How China can go green without it being a struggle", 9/12/2015
No matter how one views it, it would be heroic to think that China can go green without it being a struggle. China has struggled with its severe air pollution so far. Fogs can occur in major cities including Beijing and on a large scale, even though some people say China has made progress in the last few years.
While it is important that China, as the largest emitter and in conjunction with other countries particularly the developed countries and other major developing countries, takes effective measures to tackle global warming, it should probably initially be focused on activities which improve its air quality and the health of its people, given the seriousness of its air pollution as shown in Beijing in recent days where the worst level, Red, is reached.
Nishimura asks the following question: “what kind of carbon market is needed?”
The answer is quite simple, yet the world at large seems unable to get it.
If it is true that “there is a strong consensus that imposing a price on CO2 emissions is the most cost-effective way to motivate all players to use less fossil fuels and move to low-carbon or non-carbon economic systems”, as Nishimura states, then isn’t a global price for carbon emissions and an equal per capita distribution of the revenue from pricing revenue simply enough to do the job?
Isn’t what is taught in economics to deal with pollution issues?
Most economists in the developed world including many of its national leaders and politicians should understand this, but few of them advocate this simple, efficient and effective method/policy. Why?
The answer is also simple, but I leave that to the readers.
The answer is quite simple, yet the world at large seems unable to get it.
If it is true that “there is a strong consensus that imposing a price on CO2 emissions is the most cost-effective way to motivate all players to use less fossil fuels and move to low-carbon or non-carbon economic systems”, as Nishimura states, then isn’t a global price for carbon emissions and an equal per capita distribution of the revenue from pricing revenue simply enough to do the job?
Isn’t what is taught in economics to deal with pollution issues?
Most economists in the developed world including many of its national leaders and politicians should understand this, but few of them advocate this simple, efficient and effective method/policy. Why?
The answer is also simple, but I leave that to the readers.