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Should we do it?
Last comment by sebekm 2 months, 3 weeks ago.

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Climate change it is happening and at an alarming rate. The climate does change it is cyclic, however climate change is happening now at a much quicker rate. One of the number one culprits to climate change is the burning of fossil fuels and carbon being released into the atmosphere.

The burning of fossil fuels made a huge difference in the generation of electric power. Man was able to generate power for a small amount of money and do great things. Man made products and shipped them all over the world. Capitalism loves burning fossil fuels. I am a huge fan of capitalism but I think the one thing capitalism lacks is the presence of a practical external cost.

See the negative external cost of capitalism in the case of climate change is the advanced rate of climate change. Now one of the best ways to deal with negative external costs is through implementing a pigovian tax system. In our case this would be a carbon tax.

I think this is the only way to go. What does everyone else think? As a matter of fact the carbon tax will be to climate change what the Intermediate Nuclear Forces (INF) Treaty was to the nuclear arms race.

Latest Activity: Jul 30, 2014 at 2:07 PM

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JimmyMack commented on Thursday, Jul 31, 2014 at 06:43 AM

@shan: Course you know that any agreement with your sound premise will illicit comments from the right that Democrats and some sympathizers never met a tax they didn't like. Or worse.

But, we tax cigarettes, alcohol, happily we now tax pot, we tax gasoline, etc. So in the case of initiating a carbon based tax I would agree. This flies in the face of oft repeated conservative 'values' mantra that 'one must be held responsible for their actions', in this case contributing to the ruination of the environment. But, what can you do when dealing with a bunch of people who believe Sarah Palin is a Prophet?!

Sebe just wrote a blog where the Aussies voted to ELIMINATE their carbon based tax system in the interest of BUSINESS. I guess its better to die rich, fat and happy for a FEW, then extend existence for the masses by micro reducing ones net worth?!

Ah, but there again lies the rub: Republicans - No taxes (especially for the rich) in the name of jobs and business, also called trickle down economics which by just saying trickle down reminds me of some campouts in my youth, but I digress. Whereas the Democrats look for the greater good for the masses, which Republicans (especially the rich) and their Sarah Palin devotees, refer to as Socialism thru more taxation for the rich and less on the working class.

So Shan...Yes... I endorse your pigovian(new word for me...I can't spell either, ask Sebe who knows how to bait a hook) tax system.

Get ready for incoming!

JimmyMack commented on Thursday, Jul 31, 2014 at 06:53 AM

Curious: What are YOUR thoughts TOT? Notice I said THOUGHTS, not copy and paste. Please, seize upon this opportunity presented you to enthrall us with conservative libertarian intellectualism.

I await with...bated (did I get that right this time Sebe?) breath.

sebekm commented on Wednesday, Aug 06, 2014 at 13:23 PM

Yes - I've "baited" my breath a few times as well until somebody turned me on to the big de-bate. Now I am a Master.

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