% *Contains OT items, take OT discussions offline quickly
Don't wait until things reach a boiling point and miss your moment %

http://blog.sfgate.com/nov05election/2013/03/08/george-shultz-i-drive-on-sunshine/
[audio] George Shultz: “I drive on sunshine”
By Mike Ramsey  Mar 8 2013

[audio  dropbox
https://www.dropbox.com/s/vtqj9lrhqxmskmz/Shultz%20March%208th%20audio.m4a
]

Republican eminence grise George Shultz addressed a packed room on Capitol
Hill Friday to press for a carbon tax. He spent three days in Washington
with scientists from MIT and Stanford to talk about advances in alternative
fuels, including a potential “game changing” breakthrough under way at
Stanford that could quadruple the driving range of lithium ion batteries,
putting electric cars on a par with internal combustion engines.

A Californian now at the conservative Hoover Institution who taught
economics at MIT and the University of Chicago and is one of only two people
ever to hold four cabinet posts, Shultz proposed putting all forms of energy
“on a level playing field” by incorporating the cost of the carbon pollution
they emit by taxing carbon at its source. Not including carbon emissions in
the price of energy, he said, is like a football game where Cal gets 6 downs
and Stanford gets two.

Once carbon pollution is included in energy prices, Shultz would “wipe out”
subsidies to all fuels, fossil, nuclear and renewable, and let market forces
determine the mix.

Carbon tax revenues under his plan would be remitted to consumers
periodically in the form of a “carbon dividend check.” Modeled on Alaska’s
Permanent Fund, the plan is similar in concept to legislation proposed by
Sens. Barbara Boxer (D-CA) and Bernie Sanders (I-VT) except that it would
remit all revenues to consumers.

Shultz recalled his days as Secretary of State in the 1980s, when scientists
became concerned about depletion of the ozone layer. The science was
controversial, he said, but everyone agreed that if a hole was forming in
the earth’s ozone later, the results would be catastrophic.

Raising the issue in his twice weekly private meetings with President
Reagan, he said Reagan “decided we should have an insurance policy,” which
became the Montreal Protocol. “As it turned out, the scientists who were
worried were right,” Shultz said. The lesson, he said, is that, “If you wait
until things reach a boiling point, you might have missed your moment.”

To skeptics, Shultz pointed to the melting of the Arctic. “An ocean is being
created that wasn’t there before,” Shultz said. “Never mind the science; use
your eyes. That’s not science, that’s plain observation.”

He dismissed “gigantic meetings” on climate change, such as the Kyoto
protocol and Copenhagen. “Having 190 countries sitting around a table
doesn’t work,” he said. “Copenhagen was bound to fail.”

The U.S. instead should lead a small group of nations, including China, to
explore a pact and then “expand the circle.” Air pollution in Beijing is so
bad “that you don’t dare go out of your hotel,” Shultz said. “It’s awful,
and they know it.”

After the meeting, Shultz called the Keystone pipeline a no-brainer, arguing
that Canada will sell its dirty tar sands oil with or without it; better the
U.S. buy the oil and reduce dependence on the Middle East. (With a carbon
tax, the Canadian tar sands would be at a steep competitive disadvantage to
cleaner fuels.)


Shultz said he installed solar panels on his Palo Alto house five years ago,
which have since paid for themselves, and drives an all-electric car. “I’m
driving on sunshine, and it’s free,” Shultz said. “Take that, Ahmadinejad.”


As for being a Republican heretic on climate change, Shultz said, “I’m in
California. We’re all nut cases out there.”
[© 2013 Dow Jones & Company  All Rights Reserved]




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