You ever notice Obama deliberately goes out of his way to nominate the looniest extremists possible? What other reason could this be except for the fact he’s also a far-left extremist?
President Obama’s Energy secretary nominee regards a carbon tax as one of the simplest ways to move the energy industry towards clean technologies, though he notes that government would have to come up with a plan to mitigate the burden this tax places on poor people, who would pay the most.
“Ultimately, it has to be cheaper to capture and store it than to release it and pay a price,” MIT professor and Energy nominee Ernest Moniz told the Switch Energy Project in an interview last year. “If we start really squeezing down on carbon dioxide over the next few decades, well, that could double; it could eventually triple. I think inevitably if we squeeze down on carbon, we squeeze up on the cost, it brings along with it a push toward efficiency; it brings along with it a push towards clean technologies in a conventional pollution sense; it brings along with it a push towards security. Because after all, the security issues revolve around carbon bearing fuels.”
Only in Obamaworld can tripled energy costs be considered efficiency.
Moniz acknowledged that such a cost-raising mechanism is not very progressive. “I think it’s very important that any funds associated with that be recycled efficiently to productive uses and to address distributional questions, because some — the poor — may get hit harder than others,” he added. “So, it’s a lot of work to do there. But I think, in the end, if you take one simple thing, that’s the direction that I think we should go in.”
So everyone else will pay more to support the non-productive of society. Wonderful.