It's called a carbon tax, and it should be applied across the board to every industry that uses fossil fuels, every home or building with a heating system, every motorist, and every public transportation system. Immediately, it would produce a wealth of innovations to save fuel, as well as new incentives to conserve. More to the point, it would produce a big chunk of money that could be used for other things. Anyone for balancing the budget? Fixing Social Security for future generations? As a foreign policy side benefit, users of the tax would suddenly find themselves less dependent on Persian Gulf oil or Russian natural gas, too.But the Carbon Tax is not the end all to our Climate woes. But it can be part of a plan to rapidly reduce CO2. Here's some of mine:
Most of all, though, the successful use of carbon taxes does not require "American leadership," or a U.N. committee, or a complicated international effort of any kind. It can be done country by country...
1. Zero emission regulations for Automobiles and Industry,
2.Legalize Hemp for Industry, and
3.Restrict airplane travel to destinations beyond 500 miles from point of departure.
With my suggestions along with the Carbon Tax, we could solve this crisis in no time. (Don't expect Congress to adopt them, they're too busy spending money from the oil and natural gas industry.)
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