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Originally Posted by Bobblehead
That's not fair - you read my post up until it suited your response, then ignored the rest.
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Fair enough. I was using that example to display why I oppose Kyoto. I realize that eventually the idea is for credits to be reduced, however that is not for some time, thus there is no environmental benifit to Kyoto, only economic.
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And I'm actually surprised to see you advocating "The Canadian government itself should be taxing the hell out of "dirty" companies, and using the proceeds to offer breaks and subsidies to "clean" companies."
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As much as I believe in a free market, the free market will not regulate itself. Personally, I see this as a form of consumption tax. I also threw it out as a spur of the moment idea. The point was that Canada should be repsonsible for its own backyard.
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At least with credits, you are allowing the free market to set the "tax".
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What do you do if everyone simply disregards the credit system?
The problem I have with credits is that if company x cuts it's pollution by z, but company y increases its polution by z, and buys credits from company x, how is the environment helped? The only thing that happens is money flows from company y to company x. The only effect is economic.
Though truth be told, my "tax the hell out of them" suggestion is just the same credit system with the government as the middle man, so it really isnt a good idea either.