| http://www.w3.org/ns/prov#value | - By applying a simple smoother it is not hard to ensure that the tax variations remain reasonable, especially in comparison to the cap and trade case where a vertical supply curve and a nearly-vertical demand curve interact. (That???s why Europe???s ETS system has such explosive price variability and always will, as will a cap and trade system implemented in any industrialized economy.) Having some
|