Wednesday, January 2, 2013

Saving the Planet and Punishing the Poor

In his usual entertaining fashion, Willis Eschenbach explains why placing taxes on fossil fuels to decrease their use, and thereby abate climate change, is a bad idea, particularly for the poor.  I particularly liked the comparison he drew between the 1 kilowatt the average person can generate in a 10 hour day of hard work and  the low cost of acquiring that same kilowatt from the grid.  You can see his post here.

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