On Jun 10, 2010, at 1:07 PM, Gar Lipow wrote:

> Don't have time right now to make a real post. But I've written a lot
> on elasticity in the past. And the empirical data shows that price
> increases are a weak tool in reducing use.

Those price increases have often been temporary, or perceived as such,  
haven't they?

> My fear of price increases is that focus on price
> distracts from the large scale public investment and command & control
> regulation that are more urgent that will be responsible for the
> overwhelming majority of emissions reductions should we ever have to
> political power and will to implement a real emissions reduction
> policy.

Why is it an either/or thing? Why not a carbon tax whose proceeds are  
used to fund alternative energy R&D?

Doug
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