James Hansen: We must reduce the CO2 emissions to a lower level soon or the the effects will be irreversible.
Cap and trade will not generate enough cash to achieve a reduction, the quotas will be too cheap, and it will take too long to establish the system.
He suggests a system with where the main emitters USA, China, EU agrees upon a tax for polluters. The proceeds will be paid back to the people who pay the tax to be used for reductions. This system can be established within a year.
Hello. I was reading someone elses blog and saw you on their blogroll. Would you be interested in exchanging blog roll links? If so, feel free to email me.
Thanks.