Dictionary of Arguments


Philosophical and Scientific Issues in Dispute
 
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Entry
Reference
Emissions Trading Krugman Singer I 226
Emission Trading/Carbon Tax/Altruism/Climate Change/KrugmanVsHansen, J. E. /Krugman/Singer, P.: 1. Emissions trading will reduce altruism in relation to the climate (like J. E. Hansen), but this altruism will not have the necessary effect anyway.
2. the market mechanism means that emission rights fall to the lowest price. Problem: why should someone then reduce these emission rights by paying a high price themselves, while at the same time someone else can reduce them at a lower cost and also benefits from it by selling them to you?
(P. Krugman, "Building a Green Economy", The New York Times Sunday Magazine, Apr. 5, 2010.).
Singer, P.: for Krugman and most of his colleagues, the carbon tax is therefore less efficient than a cap and trade system.

EconKrug I
Paul Krugman
Volkswirtschaftslehre Stuttgart 2017

EconKrug II
Paul Krugman
Robin Wells
Microeconomics New York 2014


SingerP I
Peter Singer
Practical Ethics (Third Edition) Cambridge 2011

SingerP II
P. Singer
The Most Good You Can Do: How Effective Altruism is Changing Ideas About Living Ethically. New Haven 2015
Emissions Trading Hansen Singer I 225
Emissions trading/climate change/altruism/J. E. HansenVsEmissions Trading/Hansen/Singer, P.: any system setting a general upper limit in a trading system, and... ---
I 226
...divides them into rights for nations, companies and individuals. Problem: such schemes have a negative effect on altruistic behaviour: when I as an individual buy a hybrid vehicle, it does not reduce the total emissions of my country. These are rather cut by the agreed upper limit. My behaviour rather causes the price of conventional fuel to fall and makes it cheaper for other people to drive conventional vehicles.
Solution/Hansen: a tax on the carbon dioxide content in fuels. (Carbon Tax). The proceeds from this should be distributed equally among all inhabitants. That is what he calls the fee and dividend scheme.
This rewards those who reduce their carbon footprint and this reduces total emissions.
(J. E. Hansen et al."Target Atmospheric CO2: Where Shold Humanity Aim?" in: Open Atmosphere Science Journal, 2 (2008), pp. 17-31st - J. E. Hansen, "Cap and Fade", The New York Times, Dec 7,2009).
Paul KrugmanVsHansen: Emissions trading will reduce altruism in relation to the climate (like J. E. Hansen), but this altruism will not have the necessary effect anyway. (See KrugmanVsHansen).

Hansen I
James E. Hansen
Storms of My Grandchildren: The Truth About the Coming Climate Catastrophe and Our Last Chance to Save Humanity London 2010


SingerP I
Peter Singer
Practical Ethics (Third Edition) Cambridge 2011

SingerP II
P. Singer
The Most Good You Can Do: How Effective Altruism is Changing Ideas About Living Ethically. New Haven 2015