ETS and Cap & Trade

While much of the world seems to be turning away from emissions trading systems, Australia, as described in JoNova, seemed to be in a class by itself at the G20 summit in moving vigorously toward the imposition of a carbon tax.

And then there is California. This state is developing its own cap and trade program independently of the United States.

Pflugerville seems fixated on renewable energy while much of the nation is looking forward to possible low energy costs based upon extensive finds of natural gas accessible by fracking.

If a state can have its own cap and trade program, then perhaps a city can do the same. Pflugerville might look into this if it is interested in following the examples set by Australia and California for moving toward higher energy costs. 😆

Added November 7, 2011.

No fair dinkum in Australia’s carbon tax today: Back towards the Dark Ages” in Watts Up With That? November 7, 2011.

“Labor Party big economics idea: Pay $10 billion to *lose* $20 billion more!” in JoNova.


A dark day in Australia” by Donna Laframboise, No Frakking Consensus, November 8, 2011.

Welcome to a “hung” democracy” in JoNova.

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