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An ideological inversion
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I'm curious what do you think the point of a society/state is?
Current reasoning says that we each give up some of our rights to the state in order that we might all benefit.Taxation of one form or another is the logical consequence there of.
Your example of the Dutch dykes can only be described as medieval archery (long bow warfare). The only similarities between what is happening with AGW is rising water.
Firstly only one country was at stake, secondly The dutch did pay for it by 'taxing' other countries' wealth albeit it indirectly, it was called exploitation.How do you think Holland a pi$$ ant country had accumulated sufficient wealth to the government?
AGW will affect every country and there is no significant equivalent empire to pay for what needs to be done.
ETS is a market system in that the market determines the price of carbon. The fees offset/ partially compensates the people's extra costs. I.e. the polluters ultimately pay as such the silent hand of the market causes carbon to be elimiated.
Conversely, a carbon tax passes the cost on to the people, No compensation (help). The points inherent in RStuart and the government argument is that:
- the tax is determined by the government(s)
- it doesn't, necessarily force carbon to reduced.
- it would depend on an unachievable agreement, that ALL governments charge the same rate.
+This would lead to horsetrading between weaker governments for commercial gain,leading to it's ultimate collapse.
+ Internal political advantage devoid of carbon cost.
ETS effectively removes the latter point from internal political reach.
I would suggest that it is this element that political entities find most appealing but the same motivation doesn't have the same impact with leaders from countries that aren't as politically sensitive...i.e. China. their motivation is different.
IMO both options are far less that perfect.