Some of us might remember Reaganomics, and the idea that lower taxes for the rich would somehow put more money in the pockets of the non-rich. Now a similarly absurd approach is being used to “fight” global warming.
Greenwashed toys only the rich can afford, which will do nothing to reduce global warming, are predicted to cause non-rich people to do other things that will reduce global warming.
Two examples come to mind: Tesla and the California High Speed Rail project.
Tesla
A $70,000 Tesla Model S produces carbon similar to a 31 mile-per-gallon gasonline-powered car.
A $24,000 Toyota Prius get 50 miles per gallon.
So mile-for-mile, a Tesla does almost twice the environmental damage as a Prius. And that is without considering the huge difference in price between the two cars.
The $46,000 price difference, if spent on carbon offset credits, could get rid of the carbon the Prius would emit in ONE THOUSAND YEARS of typical daily driving.
The numbers are a lot worse if a Tesla and a Prius are each driven for 20 years before being scrapped. The waste of the $46,000 that could have paid for carbon offset credits makes the Tesla’s carbon footprint about the same as a
Article source: http://www.berkeleydailyplanet.com/issue/2016-01-22/article/44100?headline=The-Trickle-Down-Theory-of-Global-Warming--Russ-Tilleman


