Al Gore’s Nutty Idea
July 25, 2008
Vince Carroll, Editor of the Denver, CO based Rocky Mountain News dissects Al Gore’s outrageous proposal to replace all power generation with renewable sources in the next 10 years”
Sphere: Related ContentThis would of course require utilities to mothball hundreds of existing power plants as they launched a crash construction program of solar plants, wind farms and transmission lines costing hundreds of billions and perhaps trillions of dollars. (To put this in perspective, T. Boone Pickens, another fellow who’s caught the wind-power bug, claims on his Web site, “Building wind facilities in the corridor that stretches from the Texas panhandle to North Dakota could produce 20 percent of the electricity for the United States at a cost of $1 trillion. It would take another $200 billion to build the capacity to transmit that energy to cities and towns.”)
“Many Americans have begun to wonder whether or not we’ve simply lost our appetite for bold policy solutions,” Gore worried during last week’s speech.
For bold solutions? No. But for nutty ones: Let’s dearly hope so.
Liberals in Canada to shift emissions tax to reduce income tax
June 21, 2008
From the Montreal Gazette:
“A Liberal government would tax carbon dioxide emissions at $10 a tonne in the first year and up to $40 a tonne within four years. It estimates that by the fourth year revenue would reach $15 billion. That money would be reimbursed to Canadians through corporate and personal tax cuts so that the carbon tax remains ‘revenue neutral.’”Sphere: Related Content
