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Showing posts with label CO2. Show all posts
Showing posts with label CO2. Show all posts
Monday, July 26, 2010
Monday, April 27, 2009
Bound to Burn

Humanity will keep spewing carbon into the atmosphere, but good policy can help sink it back into the earth. However, we don’t control the global supply of carbon.
Like medieval priests, today’s carbon brokers will sell you an indulgence that forgives your carbon sins. It will run you about $500 for 5 tons of forgiveness—about how much the typical American needs every year. Or about $2,000 a year for a typical four-person household. Your broker will spend the money on such things as reducing methane emissions from hog farms in Brazil. But if you really want to make a difference, you must send a check large enough to forgive the carbon emitted by four poor Brazilian households, too—because they’re not going to do it themselves. To cover all five households, then, send $4,000.
Green plants currently pump 15 to 20 times as much carbon out of the atmosphere as humanity releases into it—that’s the pump that put all that carbon underground in the first place, millions of years ago.
Continue the read by going to Bound to Burn on City Journal
Labels:
Cap and Trade,
Carbon,
Carbon Tax,
CO2,
CO2 Taxes,
Coal
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