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Wednesday, August 15, 2007

Shorter Robert J. Samuelson:

Stop worrying about Global Warming because:
  • "We lack the technology to get from here to there."
  • "In the United States, it would take massive regulations, higher energy taxes or both."
  • "[U.S.] assaults against global warming are likely to be symbolic, ineffective or both."
  • "We simply don't have a solution for this problem."
However,
"To cut oil imports, I support a higher gasoline tax -- $1 to $2 a gallon, introduced gradually ..."
Why? Is it to use a regressive consumption tax to pay for "the huge retirement costs of baby boomers" now that Bush's tax cuts for the rich make redeeming the $1.9 trillion special-issue Treasury bonds much more difficult?



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