Carbon taxes, not technology, will cut emissions, says MIT professor
There's no reason to think that technology will help reduce greenhouse gas emissions in the U.S. over the next 50 years, according to a new study from the Massachusetts Institute of Technology, but regulations and higher prices might.
The technology versus taxes--it's the primary green tech debate of the day. Nearly everyone would like to see inventions emerge that can curb emissions and reduce dependence on fossil fuels in an economical fashion. Many, however, say it's not feasible, particularly in the near term. Count this study in that latter camp.
Richard Eckaus, Ford International professor emeritus … Read more