The French are imposing a carbon tax on oil, gas, and coal consumption!
Now, admittedly this is small beer in a country that gets most of its energy from nuclear (and nuclear’s not exactly great for the environment below ground), but it’s a serious attempt to deal with global warming.
The contrast with the US is stark. Here we believe only in cost-free solutions that don’t change the underlying behavior. So we craft emissions trading frauds like Waxman-Markey, rather than taxing consumption, and global warming goes on!
Gorilla is impressed by the French: “Maybe the Frogs can teach us how to frog march ourselves to maturity and a bit of sacrifice for the common good!”
Tags: carbon tax, France, global warming
great post
competitive intelligence