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Can "carbon taxing" actually result in more CO2?

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Old 07-20-2009, 11:51 PM
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Default Can "carbon taxing" actually result in more CO2?

Regardless of the scheme, this is the introduction of a metric and defined rules based on that metric when previously there were no metric no rules. Now that there are rules, people will be able to study them and try to optimize within the rules to their own benefit, as the rules are basically being set almost arbitrarily, the net effect will be that industry will optimize their emissions to be the maximum allowed under the new rules and this may very well be more then it was before. However, it gives us a mechanism by which progressive reductions can be made and hopefully there won't be any easily exploitable loopholes though I'm certain that there is.
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