Tuesday, July 21, 2009
Capitalism is needed to reduce Co2 emissions
Capitalism is needed to reduce Co2 emissions
Capitalism is the only thing that can stop C02 emissions. Without corporations and without profitability there is no green technology, there is no green jobs. Toyota prius, it has a high MPG, why, because it makes money! You don’t tax the wealthy or the business community to pay for technology provided by the business community… how ignorant and naïve is that? Stop and think: where did hybrid technology, solar technology and geothermal technology come from … the business community. Through the funding of research, businesses and corporations acquire this technology to apply it efficiently and effectively to reduce costs, keep prices low, and make a good profit.
You might think government can fund this research or apply it, but it cannot. Taxation and socialization increase costs and reduce entrepreneurship so drastically the governments’ own revenue would decrease and their costs for funding green technology and research would increase. As an example lets use this simple scenario: I am a solar panel researcher and my costs go up, my rent goes up, the price for common goods go up, my energy bill increases because gov’t increased taxes to pay for funding me; now what do I do, well, I need more money to continue what I am researching. Now take that one example and multiply the consequences of taxes and socialization for the entire workforce, how much will green technology progress, how much deficit would gov’t run up before it collapses or stops the green implementation, not long.
The USA needs capitalism; it needs government out of the free markets so we can buy the prius, so our power companies use green energy sources, so oil companies invest into green technology research. Oil will run out, it’s not renewable; the oil giants know this and that is why they use a huge amount of profits (yes, profits from providing us with the sole means of powering the world) to invest in green technology. Why in the world should you support taxing the very corporations that invest the most money into renewable resources and energy technology, you shouldn’t, because it makes no sense. We should want oil companies to make the most money they can so we can get better technology and green jobs quicker.
Think about it for a second: you’re being taxed 50% - are you going to go out and form a green corporation - you’re profits are decreasing and costs rise because gov’t is cap-taxing C02 emissions, how much less money will you have for green technology and how much will your prices go up to maintain operations effectively?
Guess what, everyone pays the price for socialization and people buy into the idea because it depicts a fantasy.
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