Sunday, January 26, 2014

Multinationals and climate change

Washington DC is suffering through the second deep freeze this month.  Nighttime temperatures are in the single digits and teens.  I have the basement shower on constant drip because the pipes are well-enough insulated and could freeze if the water weren't moving, however slowly, through the pipes.  Even so I know the planet is getting warmer.

The New York Times had encouraging news the other day when it reported that this view is now shared by several large multinational companies like Coca-Cola and Nike.  These, and other businesses, are making adjustments on their own and pushing governments to do more.  And several conservative economists, like Douglas Holtz-Eakin, former advisor to Senator John McCain, are supporting a carbon tax.

It's enough to keep me reading the political news. 

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