Tim Worstall

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Timmy Elsewhere

March 13th, 2008 · 3 Comments

At the Register.

If we were really being serious about climate change yesterday’s budget would have cut fuel duty by 12 p per litre.

Tags: Timmy Elsewhere

3 responses so far ↓

  • 1 Luis Enrique // Mar 13, 2008 at 1:50 pm

    Judging by the comments to that Reg article you need to write an addendum reconciling the idea of Pigouvian taxation with the goal of reducing carbon omissions and averting global warming - your bit about paying £100 to insure against £90 does not seem to have covered it.

    It still confuses the hell out of me, to be honest. What assumptions are necessary to ensure that the right level of Pigouvian taxes also delivers the right level of global warming aversion?

  • 2 Luis Enrique // Mar 13, 2008 at 1:53 pm

    I thought I’d misused the word aversion there - turns out I was only being “Obsolete.” (the act of averting; a turning away or preventing)

  • 3 Will Rhodes // Mar 13, 2008 at 6:06 pm

    Tax, tax, tax the problem - why not invest in something that will work?

    http://willrhodes1961.wordpress.com/2008/03/12/can-they-tax-you-green/

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