We have what it takes to do the job!

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Written by Lester Brown

The good news is that we have the resources needed to decrease carbon dioxide emissions, combat global warming, restore the earth’s natural systems and feed a growing population by restructuring the economy.  Restructuring the energy economy, including a shift to more energy-efficient technologies and the replacement of fossil fuels with renewable sources, can be achieved largely by lowering the tax on incomes and raising the tax on carbon.  Plan B calls for phasing in a worldwide carbon tax of $200/ton by 2020, while offsetting it at each step of the way with a reduction in income taxes.

            The budget for restoring the earth’s natural systems, stabilizing population, and eradicating poverty will require $200 billion/year in additional expenditures.  This can be achieved simply by updating the concept of national security and reallocating the security budget accordingly.

Lester Brown, World on the Edge, p.97.

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