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