Archive for August 31st, 2009|Daily archive page

Protect the Climate, Protect Consumers

To follow up on my last post I wanted to clarify what I wrote a bit.

Firstly, and I can’t say this enough, carbon auctions and income protection is everybody’s issue. Unless you’re living on a self sustaining farm completely disconnected from the national production and transportation systems your economic interests are at stake.

Secondly, the argument that we should target 2020 for 100% carbon auctions is basically saying the Waxman strategy of buying votes by handing dirty energy allocations is half right. In the short term the consumer impact will be low enough that the compromise is worthwhile. But in the long term you’ll undermine the entire political coalition for climate action by needlessly making raising the cost of a transition to a green economy.