Economics Dictionary of ArgumentsHome
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| Emissions trading: Emissions trading, or cap-and-trade, is a market-based approach to control pollution. Governments set an overall limit (cap) on emissions, issuing permits accordingly. Companies can trade these permits, incentivizing lower emissions. This system encourages efficiency as businesses innovate to reduce emissions, providing financial benefits to those emitting less and meeting environmental targets. See also Climate Change, Climate damages, Emissions, Emission targets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Peter Singer on Emissions Trading - Dictionary of Arguments
I 225 Emissions trading/P. Singer: emissions trading is based on the simple economic principle that if you can buy something cheaper than you can make it yourself, it is better to buy it than to produce it. In this case, these are transferable rights to pollute the environment, which can be traded. They are calculated on the basis of an equal share per capita. >Trade, >Markets, >Price, >Climate Change, >Climate Protection. For international trade, this means that cuts in carbon dioxide pollution are made at the lowest possible cost, thus causing the least damage to the global economy. In addition, nations with a low level of pollution - usually poorer countries - will be encouraged to keep their emissions low, so that they will have more emission rights available to sell to rich countries. This would mean a transfer of resources from rich to poor countries - without altruism. VsEmissions Trading: Problem: 1. Lack of verifiability. 2. Payments from richer to poorer countries only make sense if the money reduces poverty and does not disappear into the pockets of the elite, which often happens in dictatorships. 3. J. E. HansenVsEmissions Trading: Hansen proposes a carbon tax system instead. >HansenVsEmissions Trading. I 228 Emissions trading/Henry Shue/Singer, P. (H. Shue, 1993)(1): Thesis: it is necessary to distinguish between emissions that contribute to livelihoods, such as methane emissions from rice cultivation areas and "luxury emissions" caused by urban car traffic. >Carbon tax. Cf. >Emission permits, >Emission reduction credits, >Emission targets, >Emissions, >Emissions trading, >Climate change, >Climate damage, >Energy policy, >Clean Energy Standards, >Climate data, >Climate history, >Climate justice, >Climate periods, >Climate targets, >Climate impact research, >Carbon price, >Carbon price coordination, >Carbon price strategies, >Carbon tax, >Carbon tax strategies. 1. H. Shue, „Subsistence Emissions and Luxury Emissions“, in: Law and Policy, 15 (1993), pp. 39-59._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
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 |
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> Counter arguments against Singer
> Counter arguments in relation to Emissions Trading
