Carbon Taxing - And Its Limits - The Daily Dish | By Andrew Sullivan

Free Exchange looks at the British example:

The latest target is a 34% cut [in emissions], compared to 1990 levels, by 2020.

When the good folk at Cambridge Econometrics fed this requirement into their model, it began spitting out prices of many hundreds of pounds per ton, far beyond anything that could be seen as politically plausible by even the most starry-eyed environmentalist. Indeed, the prices were so high that they were pushing up against the limits of the model, and any numbers generated would have to be taken with a big dollop of salt. The main reason, said the firm's analysts, was the time it takes to do things like building nuclear power stations and converting large chunks of Britain's transport to run on electricity. It just isn't possible to do enough in a decade, no matter how high you crank the carbon price.

Why Carbon [Scam] Pricing Matters - Business - The Atlantic

Carbon emissions have a cost, but carbon emitters don't pay the price. Economists call this a "market failure." You can call it, "a recipe for toasting the planet."
...an appropriate carbon price can achieve two goals. First, we nudge the private economy toward green tech in anticipation of rabid worldwide demand for clean energy in the next century. Second, government can use any profits from carbon prices to pay down the deficit and even reduce other taxes on Americans.

[Revkin continues to promote CO2 hysteria] - Dot Earth Blog - NYTimes.com

A reminder of the less glaring, but still momentous, changes that are under way in the seas is provided by a new paper in the journal Science, by researchers at the University of Queensland and University of North Carolina. The authors survey the oceanic impacts of rising greenhouse-gas concentrations and reinforce what has become ever clearer in recent years: The ongoing buildup of carbon dioxide, both by warming the planet and changing ocean chemistry, is having large impacts on marine life and ocean dynamics, with substantial repercussions for human food supplies and health.