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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