Carbon Tax

Reader comment on: Myhrvold on Alternative Energy

Submitted by ben (United States), Nov 28, 2011 14:09

I agree with this post. But we are looking at this in the wrong way. Renewable energy is not economical because its competitor does not pay its full costs. Fossil fuels are far more expensive to the country than their price indicates. From defending oil rich countries, to paying for the negative effects of global warming, the fossil fuel industry does not pay its way. A free market approach to the problem is to tax carbon at a level that at least approaches its cost on society. This would make other energy sources more competitive. This should of course be phased in, and be revenue neutral for all I care.

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Other reader comments on this item

Title By Date
Green Is Ugly [23 words]Ed ThompsonNov 28, 2011 20:10
Renewable energy is economic in some situations. [215 words]LyleNov 28, 2011 17:02
⇒ Carbon Tax [110 words]benNov 28, 2011 14:09
↔ Ironic? [188 words]John GillisNov 28, 2011 17:27
Include Ethanol [87 words]Fast EddieNov 28, 2011 12:19

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