The decisions we’re making today — to continue along a path that’s almost entirely carbon-dependent — are locking us in for long-term consequences that we will not be able to change but only adapt to, at enormous cost. To protect New York City from rising seas and storm surges is expected to cost at least $20 billion initially, and eventually far more. And that’s just one coastal city. Putting a price on emissions [a carbon tax] will create incentives to develop new, cleaner energy technologies. - Henry M. Paulson Jr, former Secretary of the US Treasury
Posted on: Wed, 25 Jun 2014 17:06:54 +0000
Trending Topics
Recently Viewed Topics
© 2015