Former US Vice President and Nobel Peace Prize winner- , in Washington on Thursday, where he laid great emphasis on the importance of renewable sources of energy. He said that the United States and completely switch to "carbon-free" sources such as wind and solar energy by 2018. He argued that apart from causing environmental catastrophes, climate change is also a potential threat to the national security and might create:
"hundreds of millions of climate refugees destabilizing nations around the world."
He made it clear that though the goal for producing carbon-free electricity is very much within reach,
"It represents a challenge to all Americans, in every walk of life
to our political leaders, entrepreneurs, innovators, engineers, and
to every citizen."
According to the former Vice President, the most critical policy change in this regard would be levying taxes on CO2 production with a concomitant reduction in payroll taxes.
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