Friday, October 26, 2012

Unintended Consequences - Carbon Crunch

I read today how the European Union carbon quotas are increasing pollution rather than decrease it. Asked the boys if they could guess why and they figure it out: manufacturing is moving to other countries, such as China & India, where there are no carbon quotas, and where energy is more polluting than in Europe. This is typical of government regulations that fail to take into consideration the entire picture. We should be careful about partial solutions that are described as flawed but better than nothing. Often they are worst than nothing!

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