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December 15, 2009

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Since CO2 stays in the atmosphere a long time, the most appropriate measure in terms of blame for climate change might actually be cumulative emissions. The UK comes out particularly strong on that one. We're just lucky the developing countries aren't insisting on that measure.

It still seems to me that a simple tax on carbon emissions would be the most straightforward, although I'm not sure how that works across countries.

As for "developing" nations, perhaps give them a small discount, but nothing drastic -- say, 10% less for their carbon emissions. But we can't let India or China count as developing nations.

It's an externality -- price it.

Actually CO2 is a fertilizer as well as a fantastic beverage enhancer. Better we have too much rather than too little.

The battle of ideas is not won or lost in Congress, or even in elections, but in the long assessment of history. Just ask Qeng Ho.

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Created by:

  • entrepreneur

Authors

  • Tim Kane
    Senior scholar at the Kauffman Foundation, former entrepreneur, and veteran Air Force officer.
  • Dane Stangler
    Research manager in the Office of the President at the Kauffman Foundation.
  • Robert Litan
    VP of Research and Policy at the Kauffman Foundation, and former White House official.
  • Brink Lindsey
    Senior scholar in Research and Policy at the Kauffman Foundation.