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Posted on 09/08/2017 9:43:04 AM PDT by Oldeconomybuyer
As Hurricane Harvey’s inland sea drains from Houston, the cleanup tally is rising: $180 billion for Texas alone, equal to the entire GDP of New Zealand.
We in Texas and Louisiana – and perhaps Florida – direly need funds to haul debris, fix houses and schools, replace cars, and build better flood protection.
With all these needs, a carbon tax can help.
A federal tax on carbon would discourage emissions of carbon dioxide and other GHGs that are warming the seas and the air.
Done right, a carbon tax would also bankroll cleanup campaigns led by FEMA and local agencies. It could fund flood protection recommended by the US Army Corps of Engineers, rather than see plans that would have saved thousands of homes discarded by Congress.
A tax also provides the right incentive structure, since it puts a price on the harm that GHG emissions impose on society and the environment.
Even under uncertainty involved in attributing a manmade link to individual storms, a carbon tax would still be useful in discouraging other fossil fuel externalities like local pollution, acid rain, traffic congestion and mountaintop removal.
We know that a carbon price is the simplest way to enforce the “polluter pays” principle around which most environmental laws are based.
But in this case it’s triply effective. The polluter pays not only for the pollution, but for efforts to help limit future destruction, and to clean up damage it may have already helped cause.
(Excerpt) Read more at forbes.com ...
TAX BIG COLA!
THEY ACTUALLY PUT CO2 INTO THEIR BEVERAGES!!!
Tell you what Jim. Get on your kneepads, because that is as close as you will ever get...
While they are at it, lets not pnly tax carbon but let’s tax oxygen as well...
Make sense / S
Pointless drivel.
How in the world did this stupid crap get published in Forbes??
No kidding!
If an ordinary hurricane is proof of climate change, why wasn’t nine years without them disproof?
Done right....
Hypocrite ateve forbes goes on lou dobbs mouthing conservative positions then publishes idiot morons like this clown pushing more taxes.
The prof and the rest of his global climate change witch-doctor cult can pay all they want.
The rest of us say “no sale, your con didn’t work”.
“a tax on liberal stupidity and gullibility would net us TRILLIONS!”
My thoughts exactly.
I wonder why the greatest two term president in the history of world couldn’t get it done?
I guess transgendered restroom were of a greater importance?
Let’s just tax everything containing carbon.
Why not tax everything?
Forbes has gone to the dark side. Malcolm forbes must be turning over in his grave
The current issue has an anti Trump piece masquerading as a Russia helped Trump piece that is actually about Georgia and the actual connection to Trump is tenuous at best. It is in effect very fake news
I guess there is money in it. There is an ad featuring an environmental babette savin the sea turtles.
You know how it works. As long as that last vote is not needed, party members can “go against leadership” if it’s for bolstering reelection chances.
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