The real green solution: Tax the bad stuff

It’s much easier to look for a magic solution than it is to adapt to reality. Take energy, for instance. These days „clean energy,” also known as „green energy,” is being presented as the magic solution for global warming, our dependence on foreign oil, and the BP disaster in the Gulf of Mexico. Maybe even for warts and bad breath. A typical example of the hype, from one of President Obama’s speeches about BP: „The tragedy unfolding on our coast is the most painful and powerful reminder yet that the time to embrace a clean energy future is now.”