Global panel seeks economic solutions to climate change
Energy efficiency has more potential to reduce greenhouse gas emissions than any other single current option, the World Bank's former chief economist Lord Nicholas Stern said Friday in co-launching a global panel to find cost-effective solutions to climate change.
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#1 Oct 11, 2013
The problem with solutions to AGW is that there are a LOT of improvements needed in a LOT of areas, from improved energy efficiency to green power generation.
The number of changes needed to make serious inroads is way beyond the capacity of even a Congress that was working 'effectively'. It is totally beyond the current political system.
Economists will HAVE to propose a carbon surchage (funds collected are rebated based on average use) or shift income and payroll taxes to a "carbon tax" which would be a 'consumption tax'.
In both cases, the move should be 'revenue neutral' to prevent damage to the economic recovery.
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