As the world continues to shift toward low-carbon energy sources, a closer look makes it clear that nuclear power has to be included in order to reduce carbon emissions. Until the problem of long-term power storage is solved, nuclear will remain the only zero carbon base load power source. Given how clean and reliable it is compared to its alternatives, it is far too early to take nuclear power off the table.
Thirty-four hundred economists and counting, including 4 former chairs of the Federal Reserve, 27 Nobel Laureates, 15 former chairs of the Council of Economic Advisers, and 2 former secretaries of the treasury, have signed a statement proposing a carbon tax to combat global climate change.
A record-setting 3,333 economists, including 32 at Stanford, have signed a statement supporting a carbon tax proposal co-authored by Stanford Professor Emeritus and former Secretary of State George Shultz, the nonprofit Climate Leadership Council announced on Monday. The proposal would levy a tax on the production and use of carbon emissions that increases over time but remains revenue neutral; collected money would be returned to U.S. citizens in equal payments, so the government would spend none of the money.
Perhaps you’ve heard about the Green New Deal? It’s freshman Congresswoman Alexandria Ocasio-Cortez’s revolutionary scheme to reinvent the entire American economy. She calls it “the Great Society, the moonshot, the civil rights movement of our generation.”