News An Idea Whose Time Has Come
posted by November 20 at 12:04 PMon
While Seattle is getting national attention (and hopefully setting an example) for rejecting the NBA’s bloated Socialist business model, (I’d link the NYT article on the Sonics initiative, but la-di-da Times Select)—Boulder, Colorado is getting some well-deserved national attention after their election too. Boulder put its money where its mouth is when it comes to fighting global warming and just passed the nation’s first carbon tax. Go, Boulder!
The idea may seem like a bit of lulu environmentalism from left field, but watch for Rep. Jay Inslee (D-WA) and the 110th Congress to get behind it. Inslee, who says we need to reduce CO2 emissions by 70% from today’s levels, is pushing a carbon “cap & tradeâ€ť system on CO2 emissions. Basically, Inslee says, the government should set a limit on CO2 emissions—and then divvy up and sell off the rights to companies to produce CO2 up to that limit. (Sounds like a de facto tax to me.)
Meanwhile, faux Green poster child, Mayor Nickels wants to expand auto capacity—and thus, CO2 emissions—on our waterfront from 110,000 vehicles a day (or is it 75,000?) to 140,000 a day.