17 Jul '12, 9am

Why Global Warming Is Now an Economic Tax on the Middle Class

China’s global warming economic tax on the American middle class In a free enterprise system businesses and consumers typically respond to economic signals like those being delivered by global warming and unsustainability before a political system can align around consensus actions. That is exactly what is happening today in the United States. Since 2006, the U.S. has jumped to world leadership in reducing CO2 emissions. In 2011 the U.S. reduced CO2 emissions by 2% as utilities shifted from higher emissions “clean coal” to lower emissions natural gas, as car companies introduced and consumers bought more fuel efficient technologies and the vast majority of businesses implement building/manufacturing efficiencies. While it is hugely encouraging that the U.S. is producing business leaders pioneering sustainable products the sobering reality is that the United States is still...

Full article: http://www.triplepundit.com/2012/07/global-warming-econom...

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