Tag: energy

Carbon Tax Needed to Protect Us from Coal

TAMATA STATON, LAURA CARVER & PHILIP CARVER -An economically efficient policy would place a price-adder (tax) on fossil fuels based on their carbon-content. Rep. Pete Stark (D-CA) has introduced legislation to price carbon emissions — the Save Our Climate Act of 2011, H.R. 3242. Revenue is collected at the point of first sale or import. In the first ten years, the IRS would return 80 percent of the revenue to the public on an equal, per-person basis. The other 20 percent would go toward deficit reduction.

Victory Against Tar Sands Pipeline

FRANCES BEINECKE – Let’s face it: Big Oil is used to getting its way. But not any more. President Obama has just rejected a permit for the Keystone XL tar sands pipeline — a project that promised riches for the oil giants and an environmental disaster for the rest of us.

Human Development Report Calls for Inclusive, Sustainable Development

ETHICAL MARKETS – Norway, Australia, and the Netherlands lead the world in the 2011 Human Development Index (HDI), while the Democratic Republic of the Congo, Niger, and Burundi are at the bottom of the Human Development Report’s annual rankings of national achievement in health, education, and income, released today by the United Nations Development Programme (UNDP).

They’re Eating Our Lunch – U.S. Misses Green Opportunities

ELISABETH ROSENTHAL – The [British] Mark Group started hunting for a new untapped market when it realized that its core business — insulating old homes using innovative technology — would drop off in coming years. Based in the rust-belt city of Leicester, the company had grown rapidly over the last decade largely because of generous and mandatory government subsidies for energy conservation that impelled the British to treat their homes.

Was Fukushima Too Big to Fail?

TOM H. HASTINGS – When George Bush started bailing out corporations, and Barack Obama continued Bush’s program, we were told that those corporations were too big to fail. The dangers of massive corporations dragging down all of us were noted, they were bailed out. And then were they then downsized? Nope. What is up with that?