7 Steps to Profitably End Global Warning by Robert R. Odle, et al.

Let's consider an innovative approach to fight global warming: let's make do it in a way that does not put the U.S. industry at a handicap, but actually gives it an economic advantage over the rest of the world.

Global warming, I have a few questions, but overall I think I defer to the experts at least for awhile.  Becoming more energy efficient and using more green and nuclear energy does not seem at odds with prosperity, especially if we decide a tax system that encourages 1) energy efficiency (more good and services from a unit of energy) and 2) less taxes for a smaller CO2 foot-print compared to your neighbors and competitors.

First, I assume as a "good" country we want to stop global warming and that we are willing to lead that effort as the biggest economy in the world.  But, I am not talking about just leading by example, I am advocating leading the world through a combination of technology, good example, and our economic clot.  We led, and those that want to work with us as partners become our trading partners, those that don't will face increasingly strict import taxes on their goods based on a carbon-based import tax.  Below are the seven steps of this plan.  We will flush out each of the seven steps in a series of papers.  Your input is welcome via the working draft of this document.

1. Measure energy consumption at all levels.

2. Eliminate all subsidies to the oil, coal and fossil fuel industries.

3. Replace income taxes, company and personal, with a carbon emissions tax.

4. Tax all imports according to their carbon-energy input.

5. Encourage/subsidize modern nuclear reactors.

6. Guarantee solar, wind and all non-carbon based energies access to the grid to sell their excess electric power at fair prices.

7. Having set up a system that rewards wise energy use, sit back and let American business optimize under a new set of rules.  Do not try to over-regulate the approach business takes to be successful.

Stay tuned for details … your input welcomed.  Go the working version of this document and write on it ..