Gene Coyle wrote: > Jim, the obvious answer to your "What is that something?" is income.
So if there's a significant carbon tax imposed, that would _raise_ incomes, causing an increase in the demand for carbon-based fuels (assuming that these are "normal" goods)? This might happen if the carbon tax were imposed as part of some larger program. But what was Tom thinking about what was happening when he wrote the following? > we can produce cleaner energy... and the cleaner we can make it the more > we'll use.< Maybe cleaner energy would be less expensive on the market than what we use now (breaking _my_ assumption). But if "cleaner" means "internalizing externalities," I don't see how that can be. If coal producers are forced to pay the full cost of their operations, those operations would likely be restricted, hiking the price of coal. -- Jim Devine / "Disbelief in magic can force a poor soul into believing in government and business." -- Tom Robbins _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
