"The Arctic will retain its power to amaze for a long time. Yet it is now changing beyond the usual regional and annual variations in sea-ice formation, glacier melt and so forth. The Arctic is clearly melting. Its floating ice cap is shrinking and thinning and its glaciers are retreating. By the end of this century, maybe much sooner, there will be frequent Arctic summers with almost no sea...
The Carbon Tax Miracle Cure
"In his State of the Union address last week, President Obama called for a major technological push for cleaner energy: 'the Apollo projects of our time.' But when the details emerge, it is predictable that his political foes will object to the new government spending and decry the 'heavy hand' of government in telling business what to do. Fortunately, there is a marvelous way to square the circle.
Under this policy approach, decision-making is left in private hands and the jobs created will be in the private sector. Furthermore, the policy would not cost taxpayers a dime. In fact, it would eventually reduce the federal budget deficit significantly. Plus, there are a few nice side effects, like reducing our trade deficit, making our economy more efficient, ameliorating global warming, and showing the world that American capitalism has not lost its edge.
What is this miraculous policy? It's called a carbon tax—really, a carbon dioxide tax—but one that starts at zero and ramps up gradually over time.
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