Comments on: Is Carbon Sequestration a Viable Solution? [Carbonomics, Ch.12] http://www.energypolicyblog.com/2006/12/21/is-carbon-sequestration-a-viable-solution/ Sustainable energy policy, more competition, better regulation, improved policies. Fri, 03 Feb 2012 13:54:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Stuart Cost http://www.energypolicyblog.com/2006/12/21/is-carbon-sequestration-a-viable-solution/comment-page-1/#comment-25091 Stuart Cost Fri, 29 Aug 2008 11:55:58 +0000 http://www.energypolicyblog.com/?p=178#comment-25091 Well researched article. This is the sort of quality info the web needs as opposed to the shrill doomsday message of the media, whether its complaining about the doomsday costs of implementing green technology or the doomsday predictions if it doesnt. Well researched article. This is the sort of quality info the web needs as opposed to the shrill doomsday message of the media, whether its complaining about the doomsday costs of implementing green technology or the doomsday predictions if it doesnt.

]]> By: Steven McLovin http://www.energypolicyblog.com/2006/12/21/is-carbon-sequestration-a-viable-solution/comment-page-1/#comment-21825 Steven McLovin Tue, 15 Jul 2008 07:38:04 +0000 http://www.energypolicyblog.com/?p=178#comment-21825 Hello. I guess that there is a CO2 tax in America because you talked about charges. Here in Europe there is a trading scheme which raises the price of electric market, letting technologies like nuclear make extra profits. It makes no sense. I am not sure but probably Goberment has discounted these profits. The problem I see with the untax is that in that situation, people do not suffer enough the externalities of electricity, do they? In principle, the taxes should be used to improve the environment which is damaged because of CO2 I think. What I mean is that if a tax does not make "suffer" the consumer it is unuseful, isn't it? Regards. Hello. I guess that there is a CO2 tax in America because you talked about charges. Here in Europe there is a trading scheme which raises the price of electric market, letting technologies like nuclear make extra profits. It makes no sense. I am not sure but probably Goberment has discounted these profits.

The problem I see with the untax is that in that situation, people do not suffer enough the externalities of electricity, do they? In principle, the taxes should be used to improve the environment which is damaged because of CO2 I think.

What I mean is that if a tax does not make “suffer” the consumer it is unuseful, isn’t it?

Regards.

]]> By: Steven Stoft http://www.energypolicyblog.com/2006/12/21/is-carbon-sequestration-a-viable-solution/comment-page-1/#comment-21356 Steven Stoft Mon, 07 Jul 2008 17:14:01 +0000 http://www.energypolicyblog.com/?p=178#comment-21356 They could form a cartel, but cartels are difficult to enforce, especially if the auction will not be repeated many times. But the best answer lies in good auction design. Just hire Peter Cramton and you will have no problems. I'm not so good at this, but I believe one design feature that is very helpful is bids that remain secret after the auction ends -- then no one in the cartel knows who cheated on the cartel. Mostly it is important not to jump to pessimistic conclusions about auctions without consulting an expert. This is a will developed field. The cartel concern is well known and I think it is at most a minor problem. They could form a cartel, but cartels are difficult to enforce, especially if the auction will not be repeated many times. But the best answer lies in good auction design. Just hire Peter Cramton and you will have no problems. I’m not so good at this, but I believe one design feature that is very helpful is bids that remain secret after the auction ends — then no one in the cartel knows who cheated on the cartel.
Mostly it is important not to jump to pessimistic conclusions about auctions without consulting an expert. This is a will developed field. The cartel concern is well known and I think it is at most a minor problem.

]]> By: Shivam Goel http://www.energypolicyblog.com/2006/12/21/is-carbon-sequestration-a-viable-solution/comment-page-1/#comment-21353 Shivam Goel Mon, 07 Jul 2008 16:21:22 +0000 http://www.energypolicyblog.com/?p=178#comment-21353 The idea of bidding seems good but I think there is a flaw.The companies could form a cartel in different regions and decide what they will bid beforehand.So the government could be faced with a scenario of giving high subsidies inspite of the bid process. The idea of bidding seems good but I think there is a flaw.The companies could form a cartel in different regions and decide what they will bid beforehand.So the government could be faced with a scenario of giving high subsidies inspite of the bid process.

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