carbon taxes
illconsidered | October 27, 2007If the United States continues to thumb its nose at the rest of the world in the climate change arena, this article from the EU Observer discusses what the appropriate response should be.
The article indicates that the European Union is considering taxing goods that are imported from CO2 polluting countries. In other words, the US would not be allowed the economic benefits it would gain by being a rogue nation and not controling its CO2 emissions.
Of course, there are many devils hiding in the yet to be established details, but this is clearly the right principle and may actually have a…