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Keyword: switchenergyproject

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  • Obama’s Energy nominee: We need carbon tax to double or triple energy cost

    03/25/2013 2:34:34 PM PDT · by Nachum · 36 replies
    Examiner ^ | 3/25/13 | Joel Gehrke
    President Obama’s Energy secretary nominee regards a carbon tax as one of the simplest ways to move the energy industry towards clean technologies, though he notes that government would have to come up with a plan to mitigate the burden this tax places on poor people, who would pay the most. “Ultimately, it has to be cheaper to capture and store it than to release it and pay a price,” MIT professor and Energy nominee Ernest Moniz told the Switch Energy Project in an interview last year. “If we start really squeezing down on carbon dioxide over the next few...