Thursday, July 8, 2010

F**K You, scumbag...

This has always been the plan. Force a carbon tax down our throats. Carbon is not a pollutant. It has nothing to do with global warming. This creep is a member of Bilderberg and pushing the elite agenda. See link at bottom of post for more about him and others of his ilk.

Can good emerge from BP oil spill?

Anger is especially rife among young people. Already stressed by extraordinarily high rates of unemployment, 20-somethings are now awakening to the fact that their country's growth model ― the one they are dreaming to be a part of ― is, in fact, completely unsustainable, whatever their political leaders tell them.

For now, it may only be black humor (e.g., the New Orleans waiter who asks diners whether they want their shrimp leaded or unleaded). But an explosion is coming.

Might a reawakening of voter anger be the ticket to rekindling interest in a carbon tax?

A carbon tax, long advocated by a broad spectrum of economists, is a generalized version of a gas tax that hits all forms of carbon emissions, including from coal and natural gas. In principle, one can create a ``cap-and-trade" system of quantitative restrictions that accomplishes much the same thing ― and this seems to be more palatable to politicians, who will jump through hoops to avoid using the word ``tax."

But a carbon tax is far more transparent and potentially less prone to the pitfalls seen in international carbon-quota trading. A carbon tax can help preserve the atmosphere while also discouraging some of the most exotic and risky energy-exploration activities by making them unprofitable.

Of course, there must be better (far better) and stricter regulation of offshore and out-of-bounds energy extraction, and severe penalties for mistakes.

But putting a price on carbon emissions, more than any other approach, provides an integrated framework for discouraging old carbon-era energy technologies and incentivizing new ones by making it easier to compete.

Advocating a carbon tax in response to the oil spill does not have to be just a way of exploiting tragedy in the Gulf to help finance outsized government spending.

In principle, one could cut other taxes to offset the effects of a carbon tax, neutralizing the revenue effects. Or, to be precise, a carbon tax could substitute for the huge array of taxes that is eventually coming anyway in the wake of massive government budget deficits.


Harvard Professor: ‘Exploit Gulf Disaster For Carbon Tax’

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