Thursday, March 5, 2009
The Climate Fight Comes Down to Blackmail
James Rogers of Duke Energy has been hailed by The New York Times as a great corporate leader for his stated interest in solving climate change. But it turns out that HIS solution involves him having his hand deep in the pockets of American citizens. Give the pollution credits away to the biggest polluters, give huge subsidies to Duke Energy and others. He's got a right to a selfish half-solution, that's what we've come to expect from CEOs these days. But American citizens should know there are far better ways to solve global warming (see piece on the Peter Barnes proposal).