On a recent visit to California where drought has reached historic proportions, President Barack Obama announced a new initiative he intends to submit to Congress: a climate resilience fund. The fund, he said, would help communities address the increasingly costly consequences of climate change, including forest fires, drought, and floods.
While such a fund is needed, it shouldn’t be the American taxpayers’ job to pay for it. A far better approach would be an idea that has been around for decades: Make the polluter pay. Making polluters pay makes sense because it makes markets more efficient by placing …read more
Source: Huffington Post Green