"Calling it unrealistic for utilities, shareholders and consumers to "step up" and pay the price of curbing carbon dioxide and other unregulated greenhouse gases, Craig Hansen, a vice president for the energy technology firm Babcock & Wilcox, said yesterday that the industry needed Congress to offset the extra cost of building coal-fired power plants capable of capturing and storing carbon dioxide. In other words, the most direct path to carbon neutrality may be through the U.S. Treasury."
a) Why is it unrealistic for the producers of greenhouse gas emissions, the beneficiaries of utility profits, or the people who use the generated power to pay for pollution they are responsible for generating?
b) If "nobody" is paying the price of curbing greenhouse gas emissions, now, that simply means that the market is failing to properly price electricity. If the cost of greenhouse gas emissions are not reflected in electricity bills, then the market is failing to properly capture the price of climate change, and the cost is being passed on to the environment.
3) Hey, asshole, if Congress offsets the extra cost of building coal-fired power plants capable of capturing and storing carbon dioxide (a specious idea in the first place), utilities, shareholders and consumers will still pay for it. It's called taxes, and we all pay them (except maybe your welfare-loving corporation).
You probably hate "lazy welfare moms" but you'll sure suck up to the public tit for big business won't you?
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