A Climate Science Headline You Won't See, Part 14

[LowDown]

New study finds government subsidies often increase CO2 emissions

This study done by the National Academies and released in June has gotten little attention in the news media.

Subsidies for green energy lower prices and thereby increase consumption, which is the case for gasoline with ethanol. In other cases the subsidy appears to have no effect, and the money is simply being wasted. In the case of things like swirly bulbs and energy efficient appliances the subject is so complex that no one can say if the program is effective or not. Twenty seven billion was spent on energy subsidies last year.

 

[joG]

New study finds government subsidies often increase CO2 emissions

This study done by the National Academies and released in June has gotten little attention in the news media.

Subsidies for green energy lower prices and thereby increase consumption, which is the case for gasoline with ethanol. In other cases the subsidy appears to have no effect, and the money is simply being wasted. In the case of things like swirly bulbs and energy efficient appliances the subject is so complex that no one can say if the program is effective or not. Twenty seven billion was spent on energy subsidies last year.

Every attempt to fine tune economies by governments is ify. Where it can be avoided it should be.

If we want to reduce CO2 the only efficient way to go ist to require tradable CO2 certificates on CO2 exhaustion at point of use and reduce the number of certificates till CO2 is at the level we want. As the main driver any other way is inefficient.

 

[LowDown]

Every attempt to fine tune economies by governments is ify. Where it can be avoided it should be.

If we want to reduce CO2 the only efficient way to go ist to require tradable CO2 certificates on CO2 exhaustion at point of use and reduce the number of certificates till CO2 is at the level we want. As the main driver any other way is inefficient.

I see your point, but in general taxation is a better way to do that sort of thing when it is necessary and would do some good, criteria neither of which CO2 fulfills. The EPA has been requiring energy credits, and that program is a total mess and rife with corruption. I don't know if they've changed it, but they were requiring cellulosic ethanol credits, and no such thing is being produced anywhere in the world!

I should start a business selling ethanol credits. It's far easier than actually producing ethanol. Also, selling bogus credits to a gasoline refiner greatly improves their product.

The whole CO2 emissions scare is a bogus crisis, which just goes to show that if the government has power it will just use it to do stupid things.