Skip to main content

View Diary: Exporting Carbon Pollution - We Shall Not Participate in Our Own Destruction (91 comments)

Comment Preferences

  •  Eventually solar and other renewables will be (1+ / 0-)
    Recommended by:
    James Wells

    cheap enough that coal will not be cost effective. However that is going to take a while.
    One reason that oil has been "cheaper" is that we haven't been calculating the true cost of extraction.
    Including the wars for oil and the 40,000 dead on the nations highways, cancer deaths, etc.
    We need to make every industry pay its own way, and then at least renewables will have a fair chance.

    The oil industry wants to do risky extraction in deep water.
    At the same time they want to fight regulation and oversight, and fight having to pay for technology to make that extraction safer and cleaner.
    Same with coal.
    Same with shale nat gas extraction.

    At least we can fight to make all these industries submit to responsible oversight, regulation and danger mitigating technologies.

    We can also put in place a transactions tax on commodities trading that creates irrational bubbles on prices that have nothing to do with supply and demand. The oil spike was the needle that burst the housing bubble and created the last recession. High gas prices drives the power of oil, coal, and robs from the middle class. It's a regressive tax.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site