Tuesday, July 10, 2007

Carbon Tax: A Simple and Efficient Way to Fight Global Warming

Global warming is a serious threat to not only the United States of America, but to humanity as a whole. If the Earth heats to the dangerous level it is expected to, more than our national security is at stake. But the homeland will come under fire if something is not done to slow global warming. Droughts are becoming increasingly common, as are heat waves. The fight for water in poorer nations, such as those in Africa, is only aggravating conflicts there. As we saw around the turn of the century, countries in turmoil spawn frustrated, angry people that can turn in die-hard terrorists willing to do anything. Global warming has to be slowed.

Placing a small carbon tax on emissions will not amount to much to the average consumer, but it will to big emitters. They will realize that they must invest in renewable energy or nuclear power. Carbon taxes are one flat tax that is predictable and easy to implement. And the tax revenue, which will be a decent amount, can be used for research into renewable energy and nuclear power.

3 comments:

eredux said...

Check out this US Carbon Footprint Map, an interactive United States Carbon Footprint Map, illustrating Greenest States. This site has all sorts of stats on individual State energy consumptions, demographics and State energy offices, State Taxes and more...

http://www.eredux.com/states/

Ryan Fazio said...

There is an emminent contingent, known as the Pigou Club that supports increases in such taxes.

They are lead by, Greg Mankiw, a prominant Harvard economist and the former head of Bush's CEA.

pigou club: http://en.wikipedia.org/wiki/Pigou_Club

greg mankiw:
http://gregmankiw.blogspot.com/


this being said, i believe that pigouvian taxes are an awful idea and that environmentalism all in all is a severe threat to economic progress

Simmons said...

Like I said, a carbon tax wouldn't hurt each individual person as much as it would hurt big emitters.