Friday, June 3, 2011

THE UNITED STATES UNDERTAXES POLLUTION

This little chart produced by the IMF underscores the fundamentally exploitive concept of privatizing profits and externalizing costs, as identified in Naomi Klein's "Shock Doctrine." The US has the lowest costs for polluting the environment which basically results in another government subsidy for industry that is literally borne on the backs, and health, of the American public. It's a bad deal for all of us.
http://thinkprogress.org/green/2011/06/03/234753/the-united-states-undertaxes-pollution/

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