Carbon tax is needed
Although some environmentalists may disagree, the Keystone
pipeline is fairly irrelevant in the bigger picture of climate change.
That Canadian sand oil will get transported and sold one way or another.
The critical step to protect our climate is to dramatically cut our oil
consumption.
To do that, many prominent economists, including
conservative ones like George Shultz and Greg Mankiw, advocate a carbon
tax. The revenues from the tax could either go back to American
households, or be used to decrease other taxes. Either way, a carbon tax
would stimulate the development of alternative energy — like plug-in
electric vehicles, solar farms and even nuclear power plants.
The
other advantage of a carbon tax: The marketplace would determine whether
building a pipeline from Canada to the Gulf Coast makes any sense —not
politicians.
Don Gaede
Fresno
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