Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (388995)	6/5/2008 9:55:08 PM
From: Joe NYC	Respond to of 1574854

Tenchu, The problem with treating CO2 as a pollutant is that it takes coal almost completely out of the picture, or at least makes it prohibitively expensive as we try to sequester the CO2 emissions. Since coal is cheap and abundant here in America, let's use it until we get nuclear, solar, wind, and eventually fusion online. I am all for smooth transition and prosperous economy, so that we can afford to build the nukes or solar plants. Taxing fossil fuels does not mean that CO2 is a pollutant. IMO, it is one way to help make something happen (nuclear, solar) without subsidies. If you say that 20 years from now, power derived from fossil fuels will have 40% excise tax (going up by 2% a year starting from 2% now), there will be solar and nuclear plants built without subsidies. The last thing the country needs is pork laden "energy bills"... As for China, most of their coal power plants are the old dirty kind, which has been outlawed here in America for decades now. That is having a significant impact on their air quality. Beijing is now 3X as bad as Los Angeles, and I thought LA was pretty bad. The path from being poor to being clean wealthy seems to always go through the middle period of being not as poor and very dirty. I think the new wealth in China, and upcoming embarrassment over pollution at the Olympics will prompt China to take pollution much more seriously in the near future. Joe