I dont understand how you can call this shit a democracy when I live in Ohio and my vote means substantially more than like Maddie that lives in California. ITS FUCKING CRAZY.
This shit needs to stop ASAP
It's those fuckers in Wyoming who really piss me off.
Hey now, Wyoming did nothing to you. (I lived for 5 years in Wyoming and have family there now)
If it switched from a 'winner-take-all' to a proportional system with the electoral college, I think it'd solve a bunch of the problems. I'd type more, but typing on my phone sucks.
But anyway, the fishing thing is the joy of distributing limited licenses. There is hardly a "fair" way to do it when some get a little and some get nothing. What probably happened is they put the licenses out for bid and highest bidders got the licenses, regardless of country. In other words, they let the market decide. (It's how cap and trade works too).
Cap & Trade doesn't work like that at all.
Simply put, in C&T, the govt sets targets for maximum levels of pollution. The owners/managers then plan for some combination of improvements vs purchase (or sale) of credits. The credits can be used to offset pollution levels that are above the cap, or the credits can be sold to others if a company is already below the cap.
It's the difference between the govt picking winners and losers, or the market picking winners and losers. Substantial difference actually.
Actually it is exactly how cap and trade works.
1) Set level.
2) Create permits allowing said level.
3) Distribute permits (often through an auction system).
What you have described with cap and trade is the secondary market reaction to the Cap and Trade system- if you can't bring your pollution levels down via improvements, then you purchase from those who have permits they aren't going to use because they can make more selling them to you.
In neither case is the government deciding winners and losers, they are just setting the maximum level and issuing permits to match that level, using a market mechanism to decide. Again- if the French fisherman can do things more efficiently and thus get the permits, then the Brits can't bitch if they are all for "capitalism".
There is no such thing as "secondary market reaction". It's a built-in benefit of C&T; the owners/managers get to choose how, when, and where rather than the politicians. Again, the market decides rather than the politicians.
Ex.
Regulatory system method (as you described): large player in the market suddenly faces hostile takeover and dumps cash/takes on debt as poison pill to fend off hostile takeover, then politicians determine that only x number of licenses will be sold in six months. Large player is tapped and can't compete to buy license. Market didn't decide, politicians did.
C&T system: large player takes on poison pill but because it's a C&T system the targets are set over a series of years so the managers of large firm can use this year's earnings to either offset quota with investment, credits, or a combination thereof. Maybe two years down the road they know they will be stronger and determine that's the year they will invest in new tech/systems. IF they choose wisely, they win. If not, they lose. Thing is, it's their decisions that make or break their business, not the decisions of politicians who don't know shit about their business.
Um, that was not at all what I described nor what was described at all. Unless the English fishermen all suddenly belonged to a large corporation fighting off a hostile takeover, you are just making this up as you go. :P
How can you have any pudding if you won't eat your meat?
Further Entertainment
> Announcements > FE Hall of Fame > Congrats America. You have officially screwed the world!
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