|
Energy Source |
Average Cost per Kilowatt-Hour
|
Source of Data
|
|
Coal or Natural Gas
|
3 cents
|
Science 285:679 |
|
Photovoltaic Cells
|
20 cents |
Science 285:679
|
|
Wind Turbines
|
5 cents |
Science 285:679 |
The governments of many European nations are already beginning to implement such a philosophy by taxing toxic waste production, water pollution, sulfur oxide emissions, carbon dioxide emissions, and ozone-depleting substances. Accompanying these increases in taxes on environmentally harmful activities have been decreases in personal income taxes. Thus, the net effect has been no increase in taxes. "It violates common sense to tax heavily the activities societies generally want [e.g. working to earn a living] while taxing lightly the activities they do not want " [e.g. polluting the environment] (Roodman, 173).
Concomitant with the increase in taxes on environmentally harmful activities, environmentalists urge governments to end their subsidization of the use of fossil fuels. "Globally, fossil fuel subsidies -- price supports, favorable tax rates, direct financial aid -- now total more than $120 billion a year... " (Dunn, 90).
Other suggestions include "zeroing in on results rather than prescribing solutions" (Roodman, 175). In other words, rather than regulating specific practices, governments should implement regulations mandating the desired outcome and allow business to do what it does best: find the most efficient way to get the desired result. Government also has a role to play in planning infrastructure for the new fuel sources and for funding renewable energy research, particularly in the early phases of the transition, before business sees such research as profitable. Check out this site to learn what research the government-funded National Renewable Energy Laboratory in Golden, Colorado is conducting.
International institutions such as the World Bank need to consider environmental sustainability as a critical criterion influencing their lending practices. This has not heretofore been the case. "According to the Bank's own figures, it has lent six times as much for fossil fuel projects as for renewable energy and energy efficiency since 1992....Moreover, the Bank still favors coal, the dirtiest fossil fuel, much more than private lenders do, at roughly 40 percent of its energy portfolio compared with 20 percent for private lenders" (Roodman, 176.)
Implementing energy conservation measures and checking human population growth will also need to be part of the plan toward a sustainable energy future.
