Thanks for this site.

As to the worries that this is all a commie plot, it is a bit naive to not notice that the bulk of the politicians pressing this are from the left and hard left.

A gasoline consumption tax imposed over a few years in the US ($8 per gallon by 2014!) and a gradually imposed port tax for barrels of imported oil, would (1) force oil to bear its true costs of production, i.e. externalities, and (2) give alternative energy producers a turbo charge, and great capital asset allocation certainty, to ramp up those industries. Alternative energy would boom.

The US would be free of foreign oil in a decade, and the markets would have been developed to figure out the non-petroleum, non-coal alternatives.

Private markets, with taxes to fix externalities; not socialism.

Yet the greens are adamantly opposed to nuclear energy, and somehow all of their “global warming” solutions involve a massive worldwide body to cut down world industrial production by huge amounts.

This violates Occams Razor, particularly regarding nuclear power.

Forgive those of us who are green, and capitalist, but the absence of such solutions being proposed as a US gasoline and an imported oil tax, instead of world socialist energy control, is the tip off that there are socialists lurking behind this whole issue.

Not crazy at all.

Winemaker