Trant said...
Surely "pollution" includes an excess of something, otherwise we wouldn't have "noise pollution"
All noise is pollution, it's just that some noise is more polluting than other noise.

To the people dead set against any form of carbon tax or ETS, I ask what they would prefer to do? Sit back and do nothing? Or wait until some magical time when all the leaders of the world sit down and all agree on something for the first time in history?
The problem with the present tax proposal is that most of the money is used to compensate people for the tax in the first place. That's hardly going to inspire them to reduce their co2 emissions. Why should they? They will be paid to use as much as they previously did.
The system would be much more logical if it was a small tax, say $5 a ton and every cent of it was used to convert industries to a cleaner technology, starting with the big co2 scources such as electricity generation, and workinng our way back to the smaller ones.
Just hitting everyone with higher charges for everything and then giving the money to lower income groups is nothing more than a socialist wealth redistribution program.