Comments on: How do CPRS schemes work? http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/ now with extra source Sun, 12 Feb 2012 01:59:31 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ben Aveling http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34191 Ben Aveling Wed, 12 Aug 2009 11:48:13 +0000 http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34191 I would rather see no subsidy, but if we must, let's have one tied to the positive externalities, not the negative externalities. If you can produce more power per unit of carbon than the average then you can sell the extra credits for a profit; vice-versa if you can't. As is, the subsidy will be biggest for the biggest polluters, and smallest for the most efficient - exactly backwards. I would rather see no subsidy, but if we must, let’s have one tied to the positive externalities, not the negative externalities. If you can produce more power per unit of carbon than the average then you can sell the extra credits for a profit; vice-versa if you can’t.

As is, the subsidy will be biggest for the biggest polluters, and smallest for the most efficient - exactly backwards.

]]> By: Jillian Blackall http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34180 Jillian Blackall Wed, 12 Aug 2009 10:53:16 +0000 http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34180 I haven't read this yet but have printed it out to read on the train. It looks very interesting. I haven’t read this yet but have printed it out to read on the train. It looks very interesting.

]]> By: Colin Bower http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34163 Colin Bower Wed, 12 Aug 2009 08:46:42 +0000 http://www.crikey.com.au/2009/08/12/crikey-clarifier-cprs-schemes/#comment-34163 Gawd, if this is a clarifier from an economist, no wonder we are in deep trouble! In my view the more complex you make it the more easily it can be rorted, especially if you leave it to the market to sort things out for you. Heaven help us is all I can say. Gawd, if this is a clarifier from an economist, no wonder we are in deep trouble! In my view the more complex you make it the more easily it can be rorted, especially if you leave it to the market to sort things out for you. Heaven help us is all I can say.

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