Beam me to Planet Gore !
Posted on 09/30/2008 2:04:47 PM PDT by maccaca
In 1991, Norway became one of the first countries in the world to impose a stiff tax on harmful greenhouse gas emissions. Since then, the country's emissions should have dropped. Instead, they have risen by 15%. Although the tax forced Norway's oil and gas sector to become among the greenest in the world, soaring energy prices led to a boom in offshore production, which in turn boosted overall emissions. So did drivers. Norwegians, who already pay nearly $10 a gallon, took the tax in stride, buying more cars and driving them more. And numerous industries won exemptions from the tax, carrying on unchanged. It wasn't supposed to be this way. By making it more expensive to pollute, carbon taxes should spur companies and individuals to clean up. Norway's sobering experience shows how difficult it is to cut emissions in the real world, where elegant theoretical solutions are complicated by economic changes, entrenched behaviors and political realities. Europe struggled with a similar dilemma as it set up its "cap-and-trade" system to reduce greenhouse gas emissions by utilities and heavy industry. Regulators cushioned industry in the early years of the system, giving them little incentive to improve. As a result, emissions have crept up 1% a year since 2005. In the U.S., the Senate voted down cap-and-trade legislation in July, won over by arguments that the system would hurt industry and boost consumer prices. But the measure could be revived, since both presidential candidates support it.
(Excerpt) Read more at online.wsj.com ...
We won’t hear too much about global warming anymore because they found another way to introduce socialism in the U.S.
Heard that on Rush yesterday.
I’ve seen numbers for Norway’s carbon emissions which are way higher than a 15% increase. The huge oil and gas industry in Norway has increased its emissions much higher than those quoted here.
Did a MØØSE bite him?
Yes, but he's winning the war for global socialism on other fronts and making a 'clean & green' fortune that would embarrass J. P. Morgan himself in the process.
Ain't socialism grand.
A poor kid from a tobacco farm somehow got educated in an exclusive private school on Embassy Row while living in a four star hotel in Washington and through pure grit, determination and political corruption raised himself up to become a billionaire celebrity just by playing the big government socialist card at the right time. That story just somehow must bring tears to your eye.
Horatio Alger had nothing on this guy. Go Green young man, go Green! < /s >
You too can bring the TVA grid to it's knees trying to keep up with your excess power demands.
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