Wednesday, October 15, 2008

Carbon tax is of little benefit to the public

The Sarnia Observer - Ontario, CA
What measurable result can we expect to see if a carbon tax system was implemented? The answer is humans contribute only five per cent of the current 0.0549 per cent level of CO2 in our global atmosphere. And with massive global restructuring of our economies, taxes, policies, utility companies, transmission lines, refineries, industrial and auto sectors, as well as human behaviour, we have a chance of further reducing our already minuscule CO2 footprint.

In this grand scheme, the overzealous environmentalist gets to save the world, the eager banker gets enormous financial opportunities, the obsessive politician gets massive tax revenue and the public at large gets nothing, yet pays for everything.

1 comment:

John M Reynolds said...

The ftp://ftp.cmdl.noaa.gov/ccg/co2/trends/co2_mm_mlo.txt page has us at only 386.36 ppm which is 0.0386 per cent. I don't know from where the 0.0549 came. The lower value actually makes his case stronger.