Is a ‘utility-only’ carbon cap-and-trade bill worth passing? : Eco Answers

See I am always on the
move for fun ideas on
Alternative Energy Sources. This evening, I
ran across a very
informative piece of content that talks
about Eco Energy Sources from a different
angle. Today’s is titled Is a ‘utility-only’ carbon cap-and-trade bill worth passing? .
Question by Dana1981: Is a ‘utility-only’ carbon cap-and-trade bill worth passing?
Various politicians in the USA are proposing that the Senate should consider a climate and energy bill which uses a carbon cap and trade system, but only for the utility sector.

Dave Roberts investigates whether such legislation would be worth passing at all. He notes that it would of course be preferable to an energy-only bill, which is another possibility, but from an economic standpoint, by isolating one industry “the result will be higher program costs and lower macroeconomic efficiency” in comparison to a comprehensive cap and trade system.

But Roberts also notes “If you’re going to single out one sector for cap-and-trade, electricity is the right choice. For one thing, it’s the biggest emitter. For another, most of the lowest-cost carbon reductions are expected to come from electricity….about half the total carbon reduction under an economy-wide cap-and-trade system is expected to come from the utility sector.”

http://www.grist.org/article/2010-06-21-is-a-utility-only-cap-and-trade-bill-...

What do you think – would it be worthwhile to pass a utility-only cap and trade bill? Or would it do more harm than good by leaving out all other sectors and isolating utilities?

Best answer:

Answer by Phoenix Quill
Everybody knows that cheap fossil fuel energy will one day be expensive.

But the notion that we should pay MORE as soon as possible is just idiotic.

It’s idiotic on the macro level. It’s idiotic on the micro level.
It’s idiotic for utilities only. It’s idiotic across a broad spectrum.

Cap & Trade is just a giant new energy tax
and we are on the wrong side of the Laffer curve.
Senate Dems want to dramatically raise everyones utility bills in the middle of a recession.

This is how revolutions start. Not enough people buy that Global Warming fairy tail anymore. Washington has to STOP the insane tax schemes.

What do you think? Answer below!
See I am always on the
move for fun ideas on
Alternative Energy Sources. This evening, I
ran across a very
informative piece of content that talks
about Eco Energy Sources from a different
angle. Today’s is titled The Very Hungry City: Urban Energy Efficiency and the Economic Fate of Cities .

The Very Hungry City: Urban Energy Efficiency and the Economic Fate of Cities

As global demand for energy grows and prices rise, a city’s energy consumption becomes increasingly tied to its economic viability, warns the author of The Very Hungry City. Austin Troy, a seasoned expert in urban environmental management, explains for general readers how a city with a high “urban energy metabolism”—that is, a city that needs large amounts of energy in order to function—will be at a competitive disadvantage in the future. He explores why cities have different energy metaboli

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Is a ‘utility-only’ carbon cap-and-trade bill worth passing?

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