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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (69832)	6/29/2008 4:18:16 PM
From: marcos	Read Replies (1) \| Respond to of 74559

Crazy isn't it, trading 'carbon credits', just shuffling money around in complex ways, vast admin empires being established around the concept no doubt, huge friction against anybody trying to do something positive ... and all for the wrong reason - greenhouse gases, 'global warming', a nebulous contentious issue that will be politically hard to sell in enough places to count There are more immediate and more important reasons to apply hefty fossil fuels taxes - 1. to conserve a bit of that precious concentrated liquid sunshine so that our grandchildren, and their grandchildren, can have some left for valuable chemical feedstock, and perhaps not judge us quite so harshly for being such blithering idiot wastrels as to burn up all the stuff on the highway 2. to reduce funds headed to the islamofascist-halliburtonist-zionist coalition with their agenda of permawar, re-direct those funds to productive ends such as sustainable energy, smarter ways of providing our basic needs and whimsical wants, and oh sure, more g.d. cellphones if that's what some want ... there is a major tech boom in all this, covering several sectors not just energy 3. to set up a more intelligent tax system - stop penalising what you do want [productive work], stop subsidising what you don't want [stupid oil-burning wastefulness], start from the ground up with a smart structure - consumption taxes are far less damaging to a society than penalisation of productive effort Begin with maybe one hundred bucks per barrel of oil tax, on every barrel produced within or imported into each country, but make clear that this is the thin end of the wedge, it goes up from here ... tax natgas the same at least, coal at perhaps half the price per BTU equivalent, since there is quite a lot of it left at this time, but keep an eye on it, you don't want to set up economics that threaten its supply either, six or ten generations down the line Upthread you say that this would not be enough to replace income/capgains taxes for all earning less than 150k/yr, well then if that's the case just raise it till it does - like gold serving as real money, there definitely is enough of it to do the job, correctly priced