Comments on: Details matter: One final detail, Part 5 http://blog.recycled-energy.com/2008/05/06/details-matter-one-final-detail-part-5/ RED | the new green: thoughts on ways to reduce greenhouse gas emissions Fri, 16 Sep 2011 14:12:28 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Sean Casten http://blog.recycled-energy.com/2008/05/06/details-matter-one-final-detail-part-5/comment-page-1/#comment-45 Sean Casten Mon, 12 May 2008 10:46:47 +0000 http://blog.recycled-energy.com/?p=27#comment-45 Richard, That's certainly our hope. But it's worth noting that L-W started complicated, and then got moreso as the political horse-trading started. My personal sense of most GHG legislation right now is analagous to a young, inexperienced (but well-intentioned) manager building an incentive compensation plan; the complexity is more a function of legislators lack of understanding of the issues than an inherent need for political compromise. And just like bad incentive compensation, sometimes it is better to wait for a simpler bill than accept the first complicated version as "better than nothing". Sean Richard,

That’s certainly our hope. But it’s worth noting that L-W started complicated, and then got moreso as the political horse-trading started. My personal sense of most GHG legislation right now is analagous to a young, inexperienced (but well-intentioned) manager building an incentive compensation plan; the complexity is more a function of legislators lack of understanding of the issues than an inherent need for political compromise.

And just like bad incentive compensation, sometimes it is better to wait for a simpler bill than accept the first complicated version as “better than nothing”.

Sean

]]> By: Richard Custis http://blog.recycled-energy.com/2008/05/06/details-matter-one-final-detail-part-5/comment-page-1/#comment-43 Richard Custis Fri, 09 May 2008 14:44:38 +0000 http://blog.recycled-energy.com/?p=27#comment-43 But isn't deal making necessarily complex? Don't you have to trade to get the needed votes? Isn't it better to get some climate change bill than to fail? I understand the desire for simplicity, but politics often isn't. If the current bill doesn't become law [which seems likely] do you think businesses like yours and environmentalists can get together to craft something simple that can get the votes? But isn’t deal making necessarily complex? Don’t you have to trade to get the needed votes? Isn’t it better to get some climate change bill than to fail?

I understand the desire for simplicity, but politics often isn’t. If the current bill doesn’t become law [which seems likely] do you think businesses like yours and environmentalists can get together to craft something simple that can get the votes?

]]>