Reawakening rumors he will run for President, Mayor Bloomberg yesterday pitched a bold national plan to charge companies a pollution tax based on the amount of environment-killing greenhouse gases they produce.
"If you want less of something, every economist will tell you the same thing: Make it more expensive," the billionaire businessman told some 100 mayors at a climate summit.
Raise the fines for buildings violations to thousands of dollars instead of just giving a slap on the wrist, then actually make the violators pay up. You'll witness the same phenomenon.
Mayor Bloomberg airs idea of greenhouse-gas tax
The revenue generated from the tax could be used to cut taxes or invest in environmental technology, he said.
The revenue generated from the collection could be used to pay for infrastructure improvements that we desperately need.
Taking a swipe at President Bush, who has suggested voluntary targets on greenhouse gas emissions, Bloomberg said that would be "like voluntary speed limits - doomed to fail."
Taking a swipe at Mayor Bloomberg, who has suggested that self-certification is a fantastic thing that should be continued, Crappy said that is "like voluntary speed limits - doomed to fail."
Bloomberg hates polluters and loves builders. Unfortunately, many times, they are one and the same.