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View Diary: A Climate Crisis (51 comments)

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  •  Can you explain the incentive mechanism? (0+ / 0-)

    Firstly, thanks for taking a step.  Can you clarify what prevents companies supplying and/or using carbon-tagged energy from simply raising their prices to offset their additional cost especially under the conditions of monopolistic control (e.g. power companies being the sole source of electricity in a region).  Would energy available through markets (SPOC market?) be more or less likely to apply pressure to transition away from carbon based sources?  

    Though I understand that people will be rebated, will the ultimate burden for funding the rebate, or whatever other shortfall to other programs because the 60% of the revenue will be unavailable, fall to the taxpayers?

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