Lawrence Solomon: Carbon bounties (not taxes) could save us from the next Little Ice Age

A carbon tax has a solid theoretical basis in economics, which is why a great many economists favour it to address global warming. If you want more of something, they explain, provide incentives. If you want less of something — in this case carbon dioxide — tax it. As economists like to say, incentives matter.

Honest, intellectually rigorous economists — I’m excluding those who tout carbon taxes to promote an ideological global warming agenda — may soon need to put their climate models through new paces, however. To date, they’ve debated the economic cost of damage resulting from carbon dioxide emissions and the size of the tax needed to persuade individuals and industry to curb their emissions — should it be $50 a tonne, or $100 or $200 a tonne? With scientists increasingly pondering, and predicting, a long-lived period of global cooling, the debate may soon shift to whether we should be offering a bounty of $50, $100 or $200 a tonne to those willing to put additional carbon dioxide into the atmosphere.

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  • clownloach

    Meant to say next winter.

  • Clausewitz

    Interesting idea, but for the little thing that is that no one has proven scientifically that Carbon; A: Is a pollutant, B: said carbon has an actual measureable affect on climate (Other than enhancing plant growth), and C: Is nothing more than an attempt by left wing politicians to use this as a push policy since all of their economic theories have proven to be failures.

    • simus1

      The Globull Warming scam is not about doing anything other than laying the foundations for an eventual totalitarian communistic genocidal dictatorship.

  • Jabberwokk

    Aw for crying out loud….

  • glasnost

    Just a thought for a carbon-balance plan:
    If you identify as a climate alarmist you may enroll in the carbon-tax option to save the earth;
    If you identify as a climate denier you may enroll in the carbon-bounty option to save the earth;
    This plan would offer freedom of choice and be revenue-neutral.