Tuesday Energy Blog – Did you know there’s a giant climate change conference going on?

30 Nov 2010 11:36 pm
Posted by: Donna

It’s in Cancun and you can see what’s happening there at the official U.N. conference website.

Yesterday on his radio show Thom Hartmann read from this piece by Clive Crook of the Financial Times. Crook is a conservative leaning economist and has tough words for the attendees at the convention about the need for immediate action. And here’s his common-sense prescription for the U.S.

In the US, many dismiss this as a political impossibility. They are wrong. Whether the country likes it or not, with or without an effective climate change policy, Americans will eventually have to pay more in taxes. The state of the public finances decrees it. However you do the political calculations, this unpopular outcome is inevitable. Therefore, start measuring a carbon tax against the relevant alternatives. At worst, a moderate carbon tax would be no more indigestible than higher income taxes or other revenue-raising options.

3 Comments

  1. Comment by dude on December 2, 2010 8:36 am

    Yeah, but Ben Nelson and Blanche Lincoln were told by their corporate masters not to rock the boat. Oh well, this problem obviously needs more bipartisanship to fix it.

  2. Comment by Alan Scott on December 5, 2010 1:40 pm

    Donna,

    As always, you lefties believe there are no consequences to taxes. Taking money out of the private sector has no meaning to you. That kind of thinking is why unemployment has been at 9+% for a record 19 months.

    Or do you have another explanation ?

  3. Comment by dude on December 6, 2010 9:49 am

    Uh, jeez Alan, you think the GIANT RECESSION THAT BUSH STARTED has anything to do with it?

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