This doesn't lend itself well to a poll. Plus I'm too lazy to make one.
I think it's been adequately demonstrated that:
1) CO2 causes a greenhouse effect (duh)
2) Human beings are currently altering the CO2 balance of the atmosphere significantly
3) This push will cause significant rises in global mean temperature (1-5C) over the next century or so
4) This will cause significant increases in global mean sea levels (30-200cm)
5) This will flood a number of currently low-lying areas
What I'm not convinced of:
a) This will cause enormous death and destruction
b) The cost of a solution will be significantly lower than the damage caused by global warming
c) Rainfall patterns will be significantly negatively affected
What should be obvious to even the most obtuse minds:
i) A carbon tax and a cap-and-trade system will both find the same equilibrium no matter how permits are initially distributed (Coase theorem) and both have the same initial deadweight costs
ii) The revenue from a carbon tax and a fully auctioned cap-and-trade system can be used to reduce other, more destructive taxes, and this is by far the most efficient way to reduce emissions (particularly compared to legislating/regulating/subsidizing technologies or industry-specific emissions levels)
My numbering system can be used to shorten your responses, if you'd like. Further numbering should complement, not conflict, with mine (in order to prevent confusion)
I think it's been adequately demonstrated that:
1) CO2 causes a greenhouse effect (duh)
2) Human beings are currently altering the CO2 balance of the atmosphere significantly
3) This push will cause significant rises in global mean temperature (1-5C) over the next century or so
4) This will cause significant increases in global mean sea levels (30-200cm)
5) This will flood a number of currently low-lying areas
What I'm not convinced of:
a) This will cause enormous death and destruction
b) The cost of a solution will be significantly lower than the damage caused by global warming
c) Rainfall patterns will be significantly negatively affected
What should be obvious to even the most obtuse minds:
i) A carbon tax and a cap-and-trade system will both find the same equilibrium no matter how permits are initially distributed (Coase theorem) and both have the same initial deadweight costs
ii) The revenue from a carbon tax and a fully auctioned cap-and-trade system can be used to reduce other, more destructive taxes, and this is by far the most efficient way to reduce emissions (particularly compared to legislating/regulating/subsidizing technologies or industry-specific emissions levels)
My numbering system can be used to shorten your responses, if you'd like. Further numbering should complement, not conflict, with mine (in order to prevent confusion)
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