Paying the Price


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I have noticed and many would agree that global warming is an increasingly debated topic. It is becoming more apparent that the government is taking it seriously by the amount of regulatory legislation being passed. To my satisfaction, climate-related carbon taxes are being imposed on some of the countries biggest oil corporations such as ExxonMobil- the most profitable corporation in the nation.

I am an advocate of natural gas because of the fact that it emits the least amount of carbon of the nonrenewable resources and I support the passage of this legislation. Oil companies are now inadvertently forced to switch over to the natural gas business to avoid paying the carbon tax. I am also supportive of the policies focus on consumers. As a result of the tax, the price of oil based products, mainly gasoline, are going to spike deterring consumers from purchasing the product. I do not think there is a more effective way to regulate carbon pollution then this. The thing that motivates these corporations to carelessly reek havoc on the environment is the exact thing to target in efforts to stop them. Money.

In this day and age, climate change is a reality and we are well aware of who the culprit is. It should no longer be acceptable for greedy corporations to suck up money from the ground with no regard for the toll that these activities are taking on the environment. Future generations are going to pay the price for our actions and the government should continue to regulate carbon emitting activities. Though companies are largely to blame, we also must admit that we are equally contributing to green house gas emissions: Every time it is a little cold in our house we turn up the thermostat as opposed to putting on a few more layers; every time we  leave a room the majority of us turn of the lights infrequently.

 

 

http://www.nytimes.com/2013/12/05/business/energy-environment/large-companies-prepared-to-pay-price-on-carbon.html?permid=10667056&_r=0

 

http://www.cnbc.com/id/101156628

 

1 Comment

I agree we are paying the price and the government is doing a good job to help our climate. That's why global warming is such a concern for our earth. We are also to blame for green house gas emissions. If people knew more about the different ways to save energy and the earth, they could be more aware. The Duke Energy has different ways to save energy, due to different topics. Some are cooling, roofing, windows, etc. https://www.progress-energy.com/carolinas/home/save-energy-money/energy-saving-tips-calculators/100-tips.page

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