Study: Taxes and Subsidies Don’t Stop Greenhouse Gas Emissions

A new study from the National Research Council reported on Thursday that the tens of billions of dollars President Obama has proposed in subsidies for “green energy” accomplish nothing in stopping the rise of greenhouse gases. The study suggests that the billions already spent on such energy have had virtually no impact whatsoever on US contributions to global carbon emissions, and won’t accomplish anything up to and including the year 2035. Read more…
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