GOOD READ!
By Paul Homewood
In an earlier post we looked at climatologist Andy Dessler’s claims that Texan weather is getting “hotter and drier”, because of global warming.
Just supposing he is right, what does he suggest we do? Well, he tells us
Thus, there is no free lunch: Either we pay to reduce emissions of greenhouse gases or we pay for the impacts of a changing climate.
He goes on to say
One idea recently floated by a former Republican congressman is that of a revenue-neutral carbon tax swap. The idea would be to put a tax on carbon, while at the same time reducing income taxes so that total revenue raised by taxes does not change.
Such a policy would cost the average family zero: Prices of carbon-intensive goods and services (i.e., electricity) would go up, but decreases in income taxes would offset that. At the same time…
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The Delinquent Teenager
Climate Ponderings 