By Roger Caiazza – Re-Bloogged From WUWT
According to Resources for the Future, carbon pricing is a climate policy approach that works by charging industrial sources for the tons of emissions of carbon dioxide (CO2) they emit. I have been following this for quite a while and think that despite the attractiveness of the theory there are practical reasons why it will not work as advertised.
I am prompted to prepare this summary of my concerns because a coalition has asked the Federal Energy Regulatory Commission to hold a technical conference or workshop on carbon pricing. In my opinion this coalition consists of vested interests that do not consider the effect on ratepayers.