Earth Equity News

A Good Enough Plan to Cut Greenhouse Gasses. By Washington Post Editorial Board, Washington Post, 5/31/14. "A fundamental truth about the U.S. stance on global warming: The nation’s plan has merit, but it is a second-best policy that the country is stuck with because Congress is too cowardly or unwise to endorse a better one." That leaves us with a plan that is "Acceptable, but not ideal. Any economist will tell you that the most efficient way to reduce emissions is to put a price on them and get out of the way, allowing consumers and businesses to wring carbon out of the economy without grandiose central planning or favor to preferred interests. Congress would have to approve such a plan, and lawmakers have dodged the climate issue for decades. Until that changes, the Obama administration’s approach is the only option."