Friday, 19 December 2014

Oil for now or Climate Change later?

With Oil prices  halving and  causing chaos in the global stock markets and currencies, surely we should be bold to take advantage this opportunity has given us  to limit oil use and keep it in the ground .

We are constantly being told we have to leave most oil reserves in the ground , as the use of it will cause catastrophic climate change, so now we have the golden chance to be able to do something about it.

Now we can tax to maintain a steady retail price , utilizing this tax bonanza to enhance green alternatives and also to begin a tax reform , whereby all natural resources are taxed according to the environmental damage they cause.

This is where politicians  and economists have to swift on their feet to enable quick changes .

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