Reenita's Wisdom

Since China was declared the world’s largest emitter of greenhouse gases in 2006, talk in international economic circles has revolved around the wisdom behind imposing a tax on carbon heavy industry.

Marathon Oil’s CFO sees carbon taxes becoming a reality

Not that a tax will necessarily mitigate the effects of emissions but it can certainly penalize industry for contributing to a high carbon environment. However, if indeed the reality of such a tax is looming, it is still quite far. [...]

I have to admit, my main reason for watching tonight’s debate was that I didn’t want to miss the entertainment, but the as it turns out, I was fully engrossed. Much as I was expecting Sarah Palin to be walked all over by Joe Biden, I was pleasantly surprised at how she handled the questions and the attack.

There was no solid opinion on the bailout plan and the state of the economy that particularly made me jump out of my seat. And their response on many issues would actually lead one to wonder if there is much of a difference in their policies. However, they did have some staunch differences on a few things like tax and healthcare.

One issue that I found particularly interesting was both candidates’ take on energy and climate change. I actually blogged about it: Vice-Presidential Debate: Palin vs. Biden On Global Warming.

Your thoughts? I am curious.