John Moore

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Bad taxes

Imagine that you are the government and you have identified that there is an urgent need to reduce the national Carbon emissions. So, you set about designing incentives to motivate investment. Does it then make sense after setting up your incentive scheme to introduce taxation on these investments that stops take up? Obviously not, and …

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Cheap Gas

We have a problem: for each effective kWh of heat electricity costs 7.6p and gas 4.7p but the gas emits 193g CO2 compared with 82g from the electricity. Domestic electricity costs have risen in real terms – about 20% in the last decade but gas is back at 2010 costs and consumption has fallen by …

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