Back in May someone asked Georgia Power CEO Paul Bowers what
he thought about a carbon tax,
and he answered, “Why would anyone
want that?”
The Economist answered his question,
29 June 2013,
Tepid, timid:
The world will one day adopt a carbon tax—but only after exhausting all the alternatives,
Winston Churchill famously said America would always do the right thing after exhausting the alternatives. The right thing in climate
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policy for all the big countries is a carbon tax, which is simpler and less vulnerable to fluctuations in emissions than cap-and-trade schemes. For years, such a tax has been a non-starter politically. But as the alternatives are tested to destruction, it deserves to be looked at again. Current environmental policies will not keep the rise in global temperatures to below 2°C—the maximum that most climate scientists think safe. A carbon tax, if stiff enough, could. Big polluters should assume that such a tax will one day arrive, and start planning for it now.
Dear Paul Bowers,
Stop being tepid and timid.
Go beyond Continue reading




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