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Jesse Jenkins: The Danger of Green Stimulus



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- jwws007 See Profile I'm a Fan of jwws007 permalink

climate change or global warming or whatever they are calling it these days is a crock, just the next thing the global elite want you to worry about

    Reply    Favorite    Flag as abusive Posted 06:07 PM on 01/08/2009
- David Sassoon - Huffpost Blogger I'm a Fan of David Sassoon permalink

Jesse - green jobs and energy efficiency are essential to a comprehensive climate plan, so why set them up as you do in your piece as a "dangerous possibility." I don't think anyone seriously believes that's all Obama or the Dems will try to do. You pretend to only for the sake of your polemic. Obama's said he wants to spend $150 billion over ten years on clean energy -- so you say it ought to be $500 billion. Fine. No quarrel there. But don't abandon cap and trade as a result of asking for more $$ for clean energy. You need a carbon price signal. It's essential to the comprehensive package. And the way to do it is via a cap-and-dividend approach, even in today's economic climate, because it insulates people from the costs and forces the very innovation you support from high energy users. So I'd argue for the three-legged stool of green jobs and energy efficiency, a moonshot clean energy program, and a cap and dividend program asap. Leave one of those out and the stool falls over.

    Reply    Favorite    Flag as abusive Posted 07:55 PM on 01/07/2009