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George Shultz, Reagan’s Secretary Of State, On Climate Change: “The Potential Results Are Catastrophic” | DeSmogBlog

George Shultz, Reagan’s Secretary Of State, On Climate Change: “The Potential Results Are Catastrophic” | DeSmogBlog.

George Shultz, who served as President Ronald Reagan’s Secretary of State from 1982 to 1989, is not only willing to buck the Republican Party’s orthodoxy on global warming by acknowledging climate science, he’s outright calling for action. And he’s even willing to walk the talk.

Shultz, a former University of Chicago economics professor and president of Bechtel, has installed solar panels on his house and drives an electric car around the Stanford University campus, where he’s a distinguished fellow at the Hoover Institution on War, Revolution, and Peace.

According to Bloomberg, Shultz’s climate awakening came when a retired Navy admiral showed him time-lapse footage of disappearing Arctic sea ice and “explained the implications for global stability.”

“The potential results are catastrophic,” Shultz says to his fellow Republicans. “So let’s take out an insurance policy.”


Shultz, who supports a tax on fossil fuels that would be used to pay “carbon dividend checks” to US citizens, was part of a bipartisan group that produced a report earlier this year on the economic risks of global warming called “Risky Business.” In commenting on the report, he spelled out what he means by calling for a climate change “insurance policy” a little more clearly:

…click on the above link to read the rest of the article…

Lessons from B.C.’s carbon tax | Blog Posts | Pembina Institute

Lessons from B.C.’s carbon tax | Blog Posts | Pembina Institute.

It’s been hailed as an environmental and economic “success,” a “textbook case” in carbon pricing and “on the right track” toward good economic policy. British Columbia’s carbon tax has been in place for six years, and all available evidence shows it’s working.

Here’s the big news: per capita fuel use covered by the tax has dropped by 16 per cent in the province relative to 2008 (the year the carbon tax came into effect), and so too has carbon pollution. That’s good for the environment. Meantime, B.C.’s economy has outpaced the rest of Canada’s over the same period. That’s great for jobs and the economy.

Our new backgrounder summarizes B.C.’s terrific success with its carbon tax. The economic, environmental and social lessons are worth reflecting upon — both in B.C. and in jurisdictions considering similar carbon pricing approaches, as what we see in B.C. is a leading example of how to price carbon effectively. 

…click on the above link to read the rest of the article…

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