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On 6/3/2013 7:14 PM, marx@phy.ilstu.edu wrote:
Now, we finally get to the real purpose of carbon caps and taxes... it'sInteresting! I think of carbon tax as a way of avoiding or at least minimizing the "Tragedy of the Commons"
all about wealth redistribution, whether it be to third world nations or
for so-called "social justice."
Of course, these fees would be passed on to customers at the gas pumps and
their other energy purchases. This makes everything more expensive for
everyone - rich or poor - and further damages the economy. A poor economy
hurts the poor and middle class the most - regardless of the wealth
redistribution.
Profit margins for oil companies are between 3 and 9 %, which is perfectly
acceptable. Profit margins for software and pharmaceutical companies are
typically the highest among all industries.
Would that kind of avoidance count as "social justice"? Not sure. Does limiting a fishery count as social justice? Perhaps....for the fish possibly. The Atlantic cod; the whale (but that's no fish!)
Brian Whatcott
Altus OK
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