Thomas Friedman On Those Crazy Climate Change Deniers

He lectures us, from his mansion:

The problem is, as he explains, is that stories like Solyndra and the economics of green jobs, simply are to be expected until we raise the cost of “dirty” fuels.

There is only one effective, sustainable way to produce “green jobs,” and that is with a fixed, durable, long-term price signal that raises the price of dirty fuels and thereby creates sustained consumer demand for, and sustained private sector investment in, renewables. Without a carbon tax or gasoline tax or cap-and-trade system that makes renewable energies competitive with dirty fuels, while they achieve scale and move down the cost curve, green jobs will remain a hobby.

Solyndra is an example that green subsides are not the answer. WHat is? Price signals.

The easiest way to do all of this at once is with a gasoline tax or price on carbon. Would you rather cut Social Security and Medicare or pay a little more per gallon of gas and make the country stronger, safer and healthier? It still amazes me that our politicians have the courage to send our citizens to war but not to ask the public that question.

Thomas Friedman has a net worth of $25 million

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One Comment on “Thomas Friedman On Those Crazy Climate Change Deniers”

  1. agiledog Says:

    I guess Friedman got tired of Krugman getting all the attention, and decided to write his own idiotic piece.

    and that is with a fixed, durable, long-term price signal that raises the price of dirty fuels “.

    And if that “price signal” is anything artifical, anything other than the real, actual cost of these fuels, then you eventually will have price fixing (by someone, either the goverment, or “big business”), and then you will likely have a bubble burst.

    Why do all these super-smart economic types always insist on plans that drive up the prices of the things they don’t like, rather than letting capitalism/innovation bring down the cost of the things they do like? I guess you just can’t have free people making free choices on what they want to spend their money on – that just ruins everything, commrade!


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