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01 May 2020

Paying the Price of Global Warming 

Apologists for the ineluctable carbonization of earth’s atmosphere point out that the world’s poor are the ones who disproportionately bear the burden of reducing our reliance on hydrocarbon fuels for energy production.  This beggar-thy-neighbor excuse for justifying commercial behavior that threatens life on our planet results from the refusal of those who have benefited most from fossil fuel exploitation to pay a fair price. 

We have not been paying the real cost of using these fuels to spur economic growth.  The possible loss of the unique environment of the Galapagos Islands to rising sea levels is a recent example.  The uproar of France’s “gilets jaunes,” against a wrong-headed policy of directly taxing those forced by circumstances to use fossil fuels to earn their livings is a clear demonstration that people are tired of allowing economic front-runners prey on less fortunate members of society by taking advantage of their admittedly short-sighted use of what is not good for them in the long run.  

But we are not impossibly dropped between a rock and a hard place.  And the solution will not require educating the majority of the population on the evils of using carbon-based fuels.  We only (?) need to educate the energy industry that its profit has to be restricted without raising the price of its products.

Yes, that means control—giving up part of the cherished free market in order to save life on the planet.   A limit is necessary on everything eventually, and this one is critical.  The rules of the economy do not stand alone.  We as humans created them in order rationally to organize ourselves.  That means that we can and must change them when it proves necessary. 


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