kravietz 🦇 on Nostr: npub13zd7v…5esqz I didn’t mention CBAM (this CO2 border compensation) ...
npub13zd7vcxv224cp8z56w8yydzqpxdlzufzw406pafg7888etqna3ks55esqz (npub13zd…esqz)
I didn’t mention CBAM (this CO2 border compensation) specifically because it will be, as we say in Polish, “mustard after the dinner”.
ETS has been introduced in 2005 and this is when gradual increase of costs for industry started - of course, the purpose of ETS is seemingly rational - to create an economic incentive to reduce CO2 emissions - but it becomes irrational when you leave open the most obvious way of outsourcing your emissions abroad while keeping no tariffs imports.
That’s the bipolar part I meant - you can’t fanatically stick to the “free market” paradigm while creating a massive regulatory intervention in this free market which happens to prohibitively increase costs for your own industry.
As for “intentions vs execution”, this kind of excuse could work for a single person’s actions for a limited period of time. When this happens over 20 years to a whole legislative body involving thousands of experts, lobbyists and lawmakers then it’s equivalent to just what I described it - suicidal negligence.
I didn’t mention CBAM (this CO2 border compensation) specifically because it will be, as we say in Polish, “mustard after the dinner”.
ETS has been introduced in 2005 and this is when gradual increase of costs for industry started - of course, the purpose of ETS is seemingly rational - to create an economic incentive to reduce CO2 emissions - but it becomes irrational when you leave open the most obvious way of outsourcing your emissions abroad while keeping no tariffs imports.
That’s the bipolar part I meant - you can’t fanatically stick to the “free market” paradigm while creating a massive regulatory intervention in this free market which happens to prohibitively increase costs for your own industry.
As for “intentions vs execution”, this kind of excuse could work for a single person’s actions for a limited period of time. When this happens over 20 years to a whole legislative body involving thousands of experts, lobbyists and lawmakers then it’s equivalent to just what I described it - suicidal negligence.