August 1, 2011

Can Taxation Speed Our Energy Transition?

Kurt Cobb, Energy Bulletin


Some time ago an economist with whom I had an extensive exchange suggested that the best way to incentivize an energy transition would be to tax what we don't want and let the market do the rest. It was really such an elegant approach and an impractical one, I thought.

The economist's view was that if we don't want people to burn carbon-based fuels, then we should just tax those fuels heavily. What he opposed was any direct subsidies to alternatives such as wind, solar, and biomass. This would only serve to distort the economy, he said, and it is too hard to figure out the quickest path to an energy transition from the vantage point of a central government.

Read Full Article ››

TAGGED: taxes, energy


May 14, 2012
Americans Would Pay More for Green Energy
Michael Marshall, New Sci.
If you think politicians are out of touch, you're right. The American public would pay extra to get green electricity, but partisan politics means their elected representatives still won't legislate for it. . . more ››
May 11, 2012
Obama's Soros-Backed Energy Council
Ken Blackwell, Huffington Post
When politicians want to look busy while avoiding tough decisions during an election year, what do they do? They form commissions and councils.And when President Barack Obama saw Americans struggling with higher gasoline and home... more ››
May 10, 2012
"If I Wanted America To Fail" Goes Viral
Yadullah Hussain, Financial Post
A video criticizing the current U.S. administration’s business and energy policies has gone viral, clocking more than two million page views since it launched on April 20, as American gear up for election season.Americans... more ››
May 9, 2012
Can We Use Lightning as Energy?
Tom Hartsfield, RealClearScience
April showers have given way to... May showers and thunderstorms. With all the electricity in the air, it is natural to ask, "Can I use this stuff to power my hairdryer?" Famous madman genius Nikola Tesla certainly pondered... more ››
May 4, 2012
Let Market Solve Our Energy Needs
Steve Huntley, Chicago Sun-Times
The idea of central planning — that smart people at the center of power can manipulate society to achieve good ends — is appealing. But it doesn’t work, as history offers up many examples, most notably in the... more ››