14 Jul '12, 2pm

Drumbeat: July 14, 2012

Drumbeat: July 14, 2012

“...uranium and coal mining and natural gas drilling, saying that such activity only benefits industry.” Obviously not true. Companies might benefit more but the various govts that collect taxes and royalties benefit. So do the workers collecting salaries as well as local economies where those workers spend their income. If you’re an employee making a good salary and your kids are going to a good school supported partly by the various taxes those activities benefit you greatly. If you don’t work for such a company, have no kids in school and receive little or no other value from those taxes then such activities are of no meaningful benefit. So how do you make that choice? No industrial activity is risk free and all have some negative impact. Someone in NYC gets no benefit from a coal mine in a western state so why shouldn’t they argue against such activities? OTOH a worker...

Full article: http://www.theoildrum.com/node/9344

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