Economics: A Dietary Solution to Climate Change.

‘The Government should put a ban on certain food consumption for people above a certain weight!’ -Philip Christian Nigg

As controversial as it may sound, is it not like a tax or quota system for overweight people who are at a health risk?
It is in fact a brilliant idea to help overweight people! Know the calories you are absorbing!

However, how will this help climate change?

Setting the stage:

Although CO2 is the main greenhouse gas that is the core to climate change politics around the world, what about the other greenhouse gases?
Why is there only a carbon tax and not a greenhouse gas tax?

Methane remains in the atmosphere for 9-15 years and it traps 20 times more heat than CO2.
In some sense it is much worse than CO2.

So, where does methane usual come from? Animal agriculture!
Animal farming in the modern-day mainly produces to feed humans. Now that may not sound bad prima facie,
however, we eat more than we really should! Basic economics will tell us that if we demand more food, supply will increase!

The average man and woman only needs to consume 2,700 and 2,000 calories per day respectively.
However, the average consumption of calories per person precedes that in the world. (Not to mention the Calorie consumption difference between the developed and less developed countries)

Essentially, if calorie consumption is curbed, consumption of certain meats will diminish and which will lead to decrease supply in animal agriculture and thus lowered methane production.
It is a policy that will benefit the average overweight person, the climate, health services and disposable income.


Economics: Price on Intangibles: Carbon Tax.

Will a carbon tax really work in Australia?

Well, firstly what is a carbon tax?
Wikipedia sums it up pretty well.

The major ideologies behind a carbon tax is for consumers and firms to reduce the usage of carbon
which is apparently affecting the global climate.
Let us assume that climate change is in fact real and occurring.

So can a tax in such a context really have a major impact on consumers behaviour?

1. Essentially it may shore of jobs as firms.
Firms will retain wages and may have to retrench or  outsource overseas.
2. A carbon Tax will hurt consumers (Graph)
The graph illustrates reduced consumer surplus.
The only way to counter this is if the Carbon Tax revenue is pumped back into consumer benefits.
Obviously, households expenditure will diminish and consumer confidence will fall.
3. Non-carbon based industry exporters will become less competitive.
Hurting domestic firms and making Australia less competitive.

However, these are just some of the issues of why a carbon tax will not work. Certain factors like accountability of a non-tangible good will be difficult or near impossible.

“A levy of $10 a tonne would be pointless because it would have no impact on behaviour,” –MACARTHUR Coal chairman Keith De Lacy

This basically sums up the position of a carbon tax. Firms will pass costs on to consumers and they will either lose out or have to readjust household consumption.

Now, so what is there is a tax on carbon?

What will the impact be on global climate?
What about other gases such as methane?
Will there also be a methane tax?
What about farm animals that actually produce more climate changing gases than human created emissions?

Stay tuned for one policy implementation that may help in the long run.

…What happens if?…

What happens if?… A simple yet complicated question…
We must not underestimate the formula to each question…
Read, understand and comprehend each question at hand…
Not to find the answer…

But instead to find another question…
A never ending line of questions will fall out the box…

Link the dots, connect the line and find the prediction…
In life we continue to find by asking questions…
…so…what happens if…?

Imagine yourself in potential probable scenarios…
And ask yourself…
…What happens if?… 

StandStill Light

Change begets more change.
An end is a start to another end.

The fear of change is also a change in fear.
StandStill and watch the lights fade through.

Fade through to another light.
Leaving you behind. 

Watch the people walk by.
Watch the cars drive by.
Watch the lights beam by.

But you will never watch your own life go by,
until you realise that light itself is at StandStill.

Fear not of change, but fear your own fear of change.
Steps made for change may not be favourable,
But nevertheless steps are still steps taken forward. 

irrational rationale

Rationale: ‘the fundamental reason or reasons serving to account for something’

Let’s breakdown this definition.

  1. Define fundamental reason
    – Reason or our ability as a person to reason is governed.
    – Governed by non-tangible factors from the past and the present.
    – Our cognition is shaped through past experiences, cultural background and even the food we eat.
    – Arguably , it is classical conditioning (Pavlov’s Dogs). However, the theory suggests that there is an external entity intentionally conditioning our cognition.
    – The only difference here, is that the intentions are not apparent and the external entity is society itself.
  2. ‘…serving to account for something’
    – What are we accounting for anyhow?
    – Accountable to what? or to whom?
    – Does this accountability to some external entity  justify our actions?
Most economists define consumers to be rationale and carry out each decisions made everyday with a rational pre-determination.
How true is this?
Let’s analyse this.
  • Are relationships rational?
    • There are a number of probable outcomes from relationships.
    • The most basics are:
      • Happy together; or
      • Not happy together
    • Relationships require investments of:
      • Time
      • Money
      • Effort
      • Time and Money for offsprings
    • Is it rational to partake into relationships if the costs outweigh the benefits?
    • Perhaps its something beyond that.
      • Perhaps its the want to be loved
      • the want to be wanted
      • the want for security
    • That is somewhat the most logical and ‘tangible’ response for being in a relationship
  • But we must look deeper.. ask yourself, why do you want the things that you want?
  • What about sex?… is it rational?
    • no doubt, the physical pleasure
    • but when two people make love, we all can agree that something non-tangible is formulating that even science cannot completely comprehend.
    • Furthermore, is it rational to have one night stands?
      • Knowing the risks of STDs
      • And time and money invested into receiving that one night stand
      • yet people still continue to do it.
So, why do you want what you want?
…the answer is not found in the answer…
…but one must realize that the question and answer are one in the same…

…silent still motions…


life moves faster than time itself…
time will not keep up…
neither will it slow down…

Time will stand still when you have all of it…
Time is not tangible…
Time is only relative…

and if time is what you have…
your coloured world will desaturize… 

the choice of choice

The man walks down an aisle at a supermarket…
Ridiculed with choices…

Spoilt with choice, this man walks aimlessly…

will there be no end?…

We are led to believe that variety of choices is the way to go…
That more choices are better..

But is it really? 

we have so many to choice from,
we have so much to chose from,

…we want more choices,
only b’coz it gives us an illusion,
an illusion of control of our lives…

But we must think beyond,
and ask ourselves,
even if we have so many choices..
so much to choose from…

When do we decide that we are equipped to make the right one? 

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