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View Diary: Abbreviated Pundit Round-up (229 comments)

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  •  only partly... (1+ / 0-)
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    Natural Gas prices have plummeted.

    It is now much more economical to convert coal plants to natural gas, rather than modifying those plants to meet emissions standards.  And why is that?  Fracking.

    So, it proves no tax is needed. Reward good behavior - i.e. tax credits for renewables.  And regulate coal emissions to the point where moving to natural gas is a sound economic decision.  No tax needed - no tax punishments - only tax rewards.

    •  And fracking is massively expensive (0+ / 0-)

      in terms of its externalities and is NOT "good behavior".

      "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

      by kovie on Sun Apr 21, 2013 at 10:55:36 AM PDT

      [ Parent ]

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