27 Apr '13, 9am

Climate Change Is in the Air | RFrancescato

Climate Change Is in the Air | RFrancescato

It is the cost of climate change that will force action. Storms such as Sandy, low water levels on the Mississipp that will require rebuilding the locks for barge travel, cost of coastal flood insurance, and other federal government expenses imly a cost to the taxpayer of a hundred billion dollars or more per year. At some point in time those opposed to climate change and conservative politicians who do not want increased general taxes will agree on a carbon tax so the poluter pays these costs, not the taxpayer. Historically conservative politicians have been more willing to support user taxes: gasoline taxes for roads, hunting taxes for public hunting lands, etc. Carbon taxes to address climate change fits that structure. At the same time, the Chinese government has decided that air polution is a major threat. They are also in need of revenue and would likely go along wit...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/04...

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