|According to H. Damon Matthews and Susan Solomon in Irreversible Does Not Mean Unavoidable, Global Warming can be stopped if we stop pumping CO₂ into the atmosphere:
The message is clear: we must, with all haste, eliminate all sources of CO₂ emissions as quickly as possible in order to stop the warming that's underway right now and which is killing life on Earth. That means that governments should move to phase out gasoline engines for newly-manufactured automobiles, for instance. This can be done by rebates, or increased taxes on gasoline or diesel engines. Electric utilities could be treated the same way. Solar and wind plants should either be subsidized by the government, or all fossil-fueled generators should be heavily-taxed to make them uneconomic to continue in operation.
What we have is a failure of the free market ideal. First of all, we do not have a free market. Government intervention in the market means that the free market cannot produce the necessary outcome, which is the elimination of all burning of fossil fuel. Because we have a failed market system, government intervention is the solution to this massive problem.
Saturday, April 20, 2013
Global Warming Can Be Stopped
Posted by Unknown at 15:30