It's an interesting idea. The authors project that the plan would require about $420 billion in governmental subsidies between now and 2020. That sounds like a lot, but it really isn't--it's less than we'll spend on the Iraq war, and it's less than one year's worth of agricultural subsidies in the U.S. The money could be raised by a modest carbon tax paid over a number of years.
The plan may be pie in the sky. Many energy plans we read about are. What we like about this particular one is that it would practically replace all foreign oil imports over a time frame that is probably reasonable, and it would do so without impacting our food chain--in contrast to the pie in the sky biofuel proposals out there--while also vastly reducing our output of greenhouse gases.
It would be nice to hear some of the folks running for President discuss something like this, but they, of course, are so busy pandering to Iowa farmers and various other existing energy interests that it will never happen.
Mayor Bloomberg: perhaps this is an issue for you to get on board.
No comments:
Post a Comment