ECON 4110 Chapter : Carbon Tax
Document Summary
Don"t expect to hear much about climate change at the. Yes, there will be plenty of speeches about unemployment, budget deficits and other immediate problems. But the threats posed by global warming are decades away or so we have been told repeatedly in recent years. Many climate scientists, however, are now pointing to evidence linking rising global temperatures to the extreme weather we"re seeing around the planet. The united states has just endured its hottest 12-month period on record. The worst drought in a generation has parched the nation"s crop belt. Floods that happened once a century now occur every few years. With distressing images of weather-related disasters saturating the news media, climate change no longer seems such a distant and abstract worry except, perhaps, in. Democrats, then in the majority, to pass a bill aimed at curbing greenhouse gas emissions. Facing a republican filibuster in the senate, however, the legislation died.
