Tuesday, February 1, 2011

Econ 101 vs Green Econ 101

How can you "reduce consumption of carbon-emitting energy......reduce smog, curb traffic congestion, stop urban sprawl, bring back jobs from China, help fund public transit, save the auto industry, produce a big double dividend of tax cuts and reduced emissions.....generate federal-provincial harmony (in Canada)," and in the U.S. "boost jobs, unleash U.S. innovation, reduce the U.S. government deficit, reduce oil imports," all of it on top of the first bunch mentioned? How? Simple, institute a carbon-tax, thats all it would take, magic! Terence Corcoran in the Financial Post, take us through the magic steps required to reach that plateau of nirvana. No longer is global warming the prime motivation for a carbon-tax, now that they have your attention, there are all sorts of other benefits besides saving the planet from catastrophic heat death. 
In the Post, Mr. Corcoran discusses a new report in the Climate Prosperity series (I didn't make that up folks) from the National Roundtable on the Environment and the Economy (NRTEE), sort of like nut tree. Isn't it great that we are funding a government initiative like this that will take care of us all? Isn't it? 

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