Ronald Bailey Argues It Is Crazy to Subsidize Activities that Might Harm the Climate

It’s crazy to pay people to burn more
fossil fuels if one is concerned about man-made global warming. At
the 19^th Conference of the Parties (COP-19) of the
U.N.’s Framework Convention on Climate Change (UNFCCC) in Warsaw,
one of the best ideas for lowering the emissions of greenhouse
gases is to eliminate billions in consumer and producer fossil fuel
subsidies. Eliminating agricultural subsidies would lower the
emissions of nitrous oxide that also contribute to global warming.
Reason Science Correspondent Ronald Bailey points out that cutting
these enormous subsidies would not only help reduce any future
global warming, it would definitely cut tax bills.

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