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SEARCH More than 6,000 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Wed Dec 5 2012: from The New Yorker: Paying for It http://apocadocs.com/s.pl?1354751535 ...One way to think about global warming is as a vast, planet-wide Pigovian problem. In this case, the man pulls up to a gas pump. He sticks his BP or Sunoco card into the slot, fills up, and drives off. He's got a full tank; the gas station and the oil company share in the profits. Meanwhile, the carbon that spills out of his tailpipe lingers in the atmosphere, trapping heat and contributing to higher sea levels. As the oceans rise, coastal roads erode, beachfront homes wash away, and, finally, major cities flood. Once again, it's the public at large that gets left with the bill. The logical, which is to say the fair, way to address this situation would be to make the driver absorb the cost for his slice of the damage. [Read more stories about: carbon emissions, climate impacts, smart policy] New!: No reader quips yet -- be the first! Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

'Doc Michael says: Logical? Fair? Not in my America! NEXT> More stories: Ignoring Planetary Peril, a Profound "Disconnect" Between Science and Doha To Stop Climate Change, Students Aim at College Portfolios (Paying for It) Scientists link Colo., Okla. temblors to drilling activities Judge tosses Asian carp suit; states can amend it Want to explore more? Try the PaniCloud!

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