The tipping point

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.

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One Response to “The tipping point”

  1. Mike Harmon says:

    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.

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