Comments on: Investing in the Carbon Crisis http://dailyreckoning.com/investing-in-the-carbon-crisis/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sat, 26 May 2012 18:05:48 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Charlie http://dailyreckoning.com/investing-in-the-carbon-crisis/#comment-8005 Charlie Wed, 13 May 2009 19:00:26 +0000 http://dailyreckoning.com/?p=15586#comment-8005 The market, through the law of supply and demand, already ensures that those who use more of a dwindling resource will pay more. On the flipside, those who conserve are rewarded by having their money freed up for other uses. I don't see why we need to add taxes to influence consumption. Rising prices will take care of that by itself. The market, through the law of supply and demand, already ensures that those who use more of a dwindling resource will pay more.

On the flipside, those who conserve are rewarded by having their money freed up for other uses.

I don’t see why we need to add taxes to influence consumption. Rising prices will take care of that by itself.

]]> By: larry http://dailyreckoning.com/investing-in-the-carbon-crisis/#comment-7992 larry Wed, 13 May 2009 15:57:49 +0000 http://dailyreckoning.com/?p=15586#comment-7992 We should be taxing carbon emissions. Even if global warming does not matter, fossil fuels are a dwindling resource. People that use the most of this dwindling resource should pay the most taxes. This is just plain common sense. A carbon tax and dividend as suggested by James Hansen would be the best approach. The tax would be returned to the people and the government would get no chance to game the money. It would simply reward those that use less fossil fuels and reward those that conserve--no more and no less. We should be taxing carbon emissions. Even if global warming does not matter, fossil fuels are a dwindling resource. People that use the most of this dwindling resource should pay the most taxes.

This is just plain common sense.

A carbon tax and dividend as suggested by James Hansen would be the best approach. The tax would be returned to the people and the government would get no chance to game the money. It would simply reward those that use less fossil fuels and reward those that conserve–no more and no less.

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