Guest essay by Eric Worrall
Huffington Post has a plan to address the as yet unanswered question of who will foot the bill, for the renewable transformation green advocates want, in the wake of the Paris COP21 agreement. HuffPost’s suggestion is a $2.9 trillion rise in annual taxes on fossil fuels.
How Can We Pay for the New Energy Economy?
Many a great idea has been deflated by a simple question: “That’s nice, but who’s going to pay for it?” That question hovered like a cloud over the international climate conference in Paris a week ago. Simply put, the goal of the agreement at that conference is to build a world in which we achieve and sustain universal prosperity without plummeting into a future of irreversible climate catastrophe. It’s a great goal, but who is going to pay for it?
Fossil Energy Subsidies: Some government subsidies go to energy…
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