Can you explain why the cap and trade system cannot be used for all the source of pollution like vehicles, house heaters?
@arianesfahani86495 жыл бұрын
thank you. nicely explained
@katesullivan91353 жыл бұрын
SO HELPFUL THANK YOU
@nondumisosibiya82657 жыл бұрын
Very helpful, thank you :)
@Aardappel9994 жыл бұрын
Great video, thanks
@kylemcintyre46852 жыл бұрын
I might be off base, but I also believe a carbon tax might be easier to globalize/border adjust since there's an explicit price.
@xinyikong82746 жыл бұрын
Thank you. Have a question, what do u mean by cheaper? The 50 thousand to 25 thousand statement. what is the cost of clean up? If the cost of clean up is cheaper, wouldn't they have the ability to pollute more? Otherwise it is only to reduce the pollution more.
@yassineyyh5 жыл бұрын
The cost of clean up (e.g reducing co2 emissions) can get cheaper because in the future more and more industries will have to use "clean energy" techniques as well as managing efficiently the waste for instance. So let's say a firm used to get 20 permits, but now that reducing co2 emissions costs less, they're using more carbon free technologies (less co2 emissions). Which means the 20 permits the firm used to have is more than enough. 10 permits could be the new ''cap''. This is what I understood
@kylemcintyre46852 жыл бұрын
Great video - bummed that you didn't mention carbon dividends - resonates a lot with people who don't want the government having a bigger bank account
@YoutubeSupportOfficialUS2 жыл бұрын
Both ideas are great for different goals. The problem with cap & trade is that it assumes carbon emissions won’t grow over time. There is compelling evidence to show there’s no limit carbon emission. Carbon tax is easier to administer, and thus, more scalable for the future.
@scottsrfun4 жыл бұрын
Communism explained .
@burdine26.1204 жыл бұрын
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So, how do you get rich when you come from meager beginnings given that you might have only a basic education or that your education became a financial albatross around your head? Still, back in 2012 a Gallup poll revealed that 28% of Americans expected to get rich at a time in their lives." - Feb 19, 2018, kzbin.info/www/bejne/lYPdfYNqj5mIgLM -------------------- Here’s how capitalism works: How banks, capitalism and corruption works. The Big Short - Capitalism & Corruption Compilation. Aug 18, 2018, kzbin.info/www/bejne/fJqnmZljiKqDeck -------------------- Here’s how capitalism works: An investigation by the New York Times … reveals that a group of industry leaders artificially inflated the cost of taxi medallions and orchestrated a predatory lending scheme collecting millions of dollars in the process and putting many drivers into debilitating debt. … At least eight drivers have died by suicide since the start of 2018 with at least some of the drivers linking the decision to their crushing debt. - May 20, 2019, kzbin.info/www/bejne/a6DJY6SKlNV1pLs and kzbin.info/www/bejne/mIaUYZeJrdxsfM0 -------------------- Here’s how capitalism works: U.S. record suicides prove economic decline, Mar 11, 2019, kzbin.info/www/bejne/iGa1qpuwarGJrqM -------------------- Here’s how capitalism works: Crime, corruption, and malfeasance at American banks. October 9, 2017, theweek.com/articles/729052/brief-history-crime-corruption-malfeasance-american-banks -------------------- Here’s how capitalism works. Trump Refuses To Pay Contractors Again. kzbin.info/www/bejne/pYrVqIageKeBjbc -------------------- Here’s how capitalism works: Working class and middle class taxpayers bailout the rich. Scene from "The Big Short," kzbin.info/www/bejne/eKaVqIGBobuFsKc -------------------- Here's how capitalism works: How JPMorgan Chase Helped Wreck the Economy, kzbin.info/www/bejne/gYKshIGMablqh6M --------------------
@nickycrawl3 жыл бұрын
Or just trying to make the true cost of producing something be reflected in the price. Efficient capitalism maybe?