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Investments > Investing Science > Re: taxing dest...
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Re: taxing destruction of nature

by royls@[EMAIL PROTECTED] Mar 8, 2008 at 07:04 PM

On Fri, 7 Mar 2008 20:37:22 -0800 (PST), Liesander
<lysander@[EMAIL PROTECTED]
> wrote:

>On Mar 6, 12:38 am, "J.H.Boersema" <jo...@[EMAIL PROTECTED]
> wrote:
>
>> Trading pollution rights what they are now setting up is a
>> bad idea.
>
>It is actually a great idea.

For the polluters...

>Taxing pollution means that people who
>have a high cost of cleaning up are affected just as equally as people
>who can clean up easily.

Wrong.  They are affected more.

>Tradeable permits yields similar amounts of
>low pollution but at lower cost.

To the polluters.

>Those who can clean up cheaply do not
>want the permits and sell to those with a high cost of reducing
>pollution. Society gets the same amount of lower pollution but at less
>cost.

To the polluters.  Higher cost to everyone else.

>> An entity making great profits from polluting can
>> buy a lot of pollution rights leaving other companies starved of
>> op****tunity,
>
>It is not about who makes the most profits from pollution.

ROTFL!!  Says the guy who wants to secure the profitability of the
worst polluters...

>It is about the cost to clean up.

No, it's about who rightly _BEARS_ that cost: society, or those who
profit by violating others' rights.

>If steel mills cost $1 million to comply to no
>pollution and it cost me $10 then if I get a permit I sell it to the
>steel mill for something under $1 million. Pollution is reduced at the
>cost of $10.

Translation: you get to pocket up to $999,990 in economic rent, and
the steel mill still pollutes.

>If we tax or require all to have the same emissions we
>get similar emissions but at higher cost.

To the polluters.  That's called, "justice" -- a concept with which
you have proved you have no familiarity whatsoever.

>It is those firms who will
>have the highest cost of avoiding pollution that will want the permit.
>Those who can clean up cheaper than they get a permit will not want
>the permit.

Preferring to pocket rent, instead.  Right.

>>it seems vulnerable to corruption, even worse when done
>> internationally.
>
>Much less vulnerable to corruption than regulation or taxation.

Lie.

-- Roy L
 




 5 Posts in Topic:
taxing destruction of nature
"J.H.Boersema"   2008-03-06 06:38:56 
Re: taxing destruction of nature
Lysander <lysander@[EM  2008-03-07 20:37:22 
Re: taxing destruction of nature
royls@[EMAIL PROTECTED]   2008-03-08 19:04:15 
Re: taxing destruction of nature
Lysander <lysander@[EM  2008-03-10 14:56:33 
Re: taxing destruction of nature
"Dan in Philly"  2008-03-08 12:24:22 

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tan12V112 Sat Nov 22 8:09:38 CST 2008.