Comments on: Would A Cap-And-Trade Mechanism Work In India? http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/ Issues & insights Thu, 20 Nov 2008 14:02:15 +0000 http://wordpress.org/?v=2.6.1 By: karhitkeyn http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-269332 karhitkeyn Thu, 20 Nov 2008 11:46:14 +0000 http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-269332 i would like t o know the cost of carbondioxide per tone in india? i would like t o know the cost of carbondioxide per tone in india?

]]> By: ashank http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-190796 ashank Thu, 05 Jul 2007 06:22:49 +0000 http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-190796 hi ..........sorry your cap and trade example beats me....coz if newex uses newer tech to improve its emissions then it must be more costly to the oldex to cut its emissions .........then if newex finances a 50% of the total to reduce emissions ,is it obligatory or depends on the whims of the newex,and why not oldex like companies must be forced to use newer tech or be declared sick???? could you please expand your example?? hi ……….sorry your cap and trade example beats me….coz if newex uses newer tech to improve its emissions then it must be more costly to the oldex to cut its emissions ………then if newex finances a 50% of the total to reduce emissions ,is it obligatory or depends on the whims of the newex,and why not oldex like companies must be forced to use newer tech or be declared sick???? could you please expand your example??

]]> By: Mohideen Ibramsha http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-160209 Mohideen Ibramsha Tue, 15 May 2007 09:28:58 +0000 http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-160209 A cap by definition refers to the total emissions, which of course does not apply to a growing economy. However we can think of a cap on 'rate of emission.' Such a cap on 'rate of emission' spurs research towards cleaner technologies. From http://www.eia.doe.gov/cneaf/electricity/page/co2_report/co2report.html we find that coal plants emit 2.117 lbs of CO2 per KWH (1998 data). In Carbon equivalent this works out to 0.577 lbs of C per KWH. India could start with this rate and as she develops cleaner technologies, this rate could be reduced. Alternately a coal-fired power plant could buy 0.577 lbs of Carbon for every KWH generated and give that carbon to environmental protection authorities to safe keep. We suggest packing the carbon in non-degradable plastics and use it as landfill. Such coal-fired power-plants indeed add no CO2 to the atmosphere at all and thus India is free to build as many coal-fired plants as desired. A cap by definition refers to the total emissions, which of course does not apply to a growing economy. However we can think of a cap on ‘rate of emission.’ Such a cap on ‘rate of emission’ spurs research towards cleaner technologies.

From http://www.eia.doe.gov/cneaf/electricity/page/co2_report/co2report.html we find that coal plants emit 2.117 lbs of CO2 per KWH (1998 data). In Carbon equivalent this works out to 0.577 lbs of C per KWH. India could start with this rate and as she develops cleaner technologies, this rate could be reduced.

Alternately a coal-fired power plant could buy 0.577 lbs of Carbon for every KWH generated and give that carbon to environmental protection authorities to safe keep. We suggest packing the carbon in non-degradable plastics and use it as landfill. Such coal-fired power-plants indeed add no CO2 to the atmosphere at all and thus India is free to build as many coal-fired plants as desired.

]]> By: Gurmeet http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-154484 Gurmeet Fri, 27 Apr 2007 20:26:46 +0000 http://indianeconomy.org/2007/04/23/would-a-cap-and-trade-mechanism-work-in-india/#comment-154484 Since carbon taxes and caps excite you so much(an economist with a new tax proposal is like a child with a new toy), here is something for you to mull over- "Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits. A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place. Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway." (http://www.ft.com/cms/s/48e334ce-f355-11db-9845-000b5df10621,dwp_uuid=3c093daa-edc1-11db-8584-000b5df10621.html ) http://whattheheckisart.blogspot.com/ Since carbon taxes and caps excite you so much(an economist with a new tax proposal is like a child with a new toy), here is something for you to mull over-

“Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits.

A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place.

Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway.”
(http://www.ft.com/cms/s/48e334ce-f355-11db-9845-000b5df10621,dwp_uuid=3c093daa-edc1-11db-8584-000b5df10621.html )

http://whattheheckisart.blogspot.com/

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