Tuesday, August 3, 2010

How are fossil-fuels subsidized - let us count the ways

The simple solution is to eliminate all forms of government subsidy on all forms of energy and let them fight it out with American ingenuity. For oil, the cost of securing the sea lanes will drive gasoline to 50 dollars a gallon, but hey, the days of free US Navy support would be over. Trying to remove mercury from the rivers and streams would cripple coal, but hey, poison is poison. A free energy market where all forms of pollution (carbon monoxide, nitrous oxide, radioactivity, mercury,etc) are not allowed to be released into the public domain is as clear as you can get. If you pollute, you're shut down. By eliminating government subsidies, tax breaks, and military support and demanding your children don't eat, drink and breathe poison, it would open up the American spirit of invention and allow our country to develop the energy technologies for a sustained economic and ecologic future. Short of that, this bill will promote more Gulf geysers, coalmine collapses, refinery explosions, oil tanker groundings, Chernobyls, Three Mile Islands, and Love Canals. This would be Energy Rehab for a cheap-energy addicted planet... Earl E. Commenting on the recently failed energy bill at the NYTimes

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