Carbon Taxes for beginners

Carbon Taxes for beginners - Carbon Taxes And You Krishna...

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Carbon Taxes And You Krishna Pendakur, Department of Economics, Simon Fraser University 1. There is Too Much Carbon Dioxide in our Atmosphere a. Science guys say we need to reduce CO2 emissions by 80% worldwide, more  than 90% here, in order to reduce probability of catastrophe, ie end of life as we  know it. b. Some Economists: we discount the future all the time---why is this any different?  These bad things happen way off in the future, like a century from now. c. Other Economists:  the right discount rate when dealing with people that we can't  make deals with is nearly zero. d. Ethics guys: why should we sacrifice so that our (richer than us) descendants are  better off?   e. Other Ethics guys:  their well-being should be valued just as much as our own,  even though they aren't born to talk to yet.  Not being born yet should not bear on  their ethical importance. 2. Individual action a. reduce your own CO2 footprint b. complex:  i. everything you do has a CO2 footprint ii. you don't want to reduce to zero:  that is going too far iii. so, how do you decide how much of each good to consume, ie, goods  that come in plastic bags vs paper bags, goods that are made of metals  vs plastics? 
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iv. complexity in the individual decision hinges on the fact that things we  consume are made of multiple inputs, each with an associated CO2  footprint. c. agitate for social change, but of what form? i. changes in individual beliefs and norms, like the anti-littering campaigns  of the 1970s. ii. changes in government policy. 3. Government policy a. governments do lots of stuff, like tax and subsidize things, and regulate activity. b.
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This note was uploaded on 09/13/2009 for the course ECONOMICS econ 104 taught by Professor Krishnapendakur during the Spring '09 term at Simon Fraser.

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Carbon Taxes for beginners - Carbon Taxes And You Krishna...

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