Comments on: Utility Companies Falsely Claim Free Cap And Trade Credits Will ‘Mitigate Cost Impact’ On Customers http://wonkroom.thinkprogress.org/2009/03/18/utility-cap/ Thu, 26 Nov 2009 16:42:01 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Cyril R. http://wonkroom.thinkprogress.org/2009/03/18/utility-cap/comment-page-1/#comment-133372 Cyril R. Sat, 21 Mar 2009 22:49:36 +0000 http://wonkroom.thinkprogress.org/2009/03/18/utility-cap/#comment-133372 Giving away credits for free defeats most of the purpose of the credits in the first place so should utterly not be done at all. Great post, this shows the equity and efficiency performance is best served with revenue recycling. It's important not to succomb to corporate lobbying now, we need efficient and equitable instruments. Giving 40% of the credits away makes the system 40% less effective, clearly unaccepable. But status quo corporations make for some pretty usual suspects. Giving away credits for free defeats most of the purpose of the credits in the first place so should utterly not be done at all.

Great post, this shows the equity and efficiency performance is best served with revenue recycling. It’s important not to succomb to corporate lobbying now, we need efficient and equitable instruments. Giving 40% of the credits away makes the system 40% less effective, clearly unaccepable. But status quo corporations make for some pretty usual suspects.

]]> By: jps http://wonkroom.thinkprogress.org/2009/03/18/utility-cap/comment-page-1/#comment-126473 jps Wed, 18 Mar 2009 16:28:03 +0000 http://wonkroom.thinkprogress.org/2009/03/18/utility-cap/#comment-126473 Cap-and-trade should be set to go in to effect as an international treaty, when China, India, the Middle East, Europe, Russia, Africa and the Americas are all on board with it. Until then floating subsidies for wind energy to be some fraction of the least expensive fossil fuel makes a lot more sense. Cap-and-trade should be set to go in to effect as an international treaty, when China, India, the Middle East, Europe, Russia, Africa and the Americas are all on board with it. Until then floating subsidies for wind energy to be some fraction of the least expensive fossil fuel makes a lot more sense.

]]>