Keyword: carbontax

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  • Global carbon prices too low to combat climate change - OECD

    09/18/2018 12:25:36 PM PDT · by Oldeconomybuyer · 21 replies
    CNBC ^ | September 18, 2018 | by Reuters
    LONDON - Carbon prices in major advanced economies are too low to cut greenhouse gas emissions and stave off the worst effects of climate change, the Organization for Economic Co-operation and Development (OECD) said on Tuesday. Carbon pricing, via taxes or emissions trading schemes, is used by many governments to make energy consumers pay for the costs of pollution, and to spur investment in low-carbon technology. The OECD examined carbon pricing between 2012, 2015 and 2018 in 42 OECD and G20 economies, which represent around 80 percent of global carbon emissions. It found the average pricing level across the countries...
  • House Republican Proposing Carbon Tax This Week To Replace the Gas Tax

    07/22/2018 7:39:21 PM PDT · by SeekAndFind · 30 replies
    Hotair ^ | 07/22/2018 | Taylor Millard
    Florida Congressman Carlos Curbelo is getting ready to introduce a bill repealing the gas tax in exchange for a carbon tax. It seems rather odd the Miami Republican wants to chart this path, especially after the House GOP overwhelmingly denounced the notion of a carbon tax last week, but Curbelo isn’t backing down from his proposal. He told Miami Herald his proposal is just a “first step” in the discussion. When you ask this question in a vacuum, is any tax detrimental to economic growth? It’s usually going to be yes…But when you put it in context and you...
  • House votes to disavow carbon tax

    07/19/2018 8:17:00 AM PDT · by yesthatjallen · 20 replies
    The Hill ^ | 07/19/18 | Timothy Cama and Juliegrace Brufke
    The House passed a non-binding measure Thursday to denounce a carbon tax, calling it detrimental to the United States. The resolution, sponsored by House Majority Whip Steve Scalise (R-La.), states that a tax on emissions of carbon dioxide the most prevalent greenhouse gas that causes climate change would be detrimental to American families and businesses, and is not in the best interest of the United States. It passed 229-180 with two members voting present. Only six Republicans voted against the resolution: Reps. Carlos Curbelo (Fla.), Brian Fitzpatrick (Pa.), Trey Hollingsworth (Ind.), Mia Love (Utah), Francis Rooney (Fla.) and...
  • Doug Ford ends cap and trade in Ontario

    07/04/2018 5:15:30 AM PDT · by xp38 · 87 replies
    The Toronto Sun ^ | July 2018 | Antonella Artuso
    Premier Doug Ford has officially revoked cap and trade and is now starting to wrap up initiatives funded by the doomed program. Cap-and-trade and carbon tax schemes are no more than government cash grabs that do nothing for the environment while hitting people in the wallet in order to fund big government programs, Ford said in a statement Tuesday. I promised that the party with taxpayers dollars was over and that this would include scrapping the cap-and-trade, carbon tax slush fund.
  • Conservative Groups Stand Against Carbon Tax

    04/29/2018 11:18:21 AM PDT · by rktman · 11 replies
    dailycaller.com ^ | 4/29/2018 | Jason Hopkins
    A coalition of conservative and free market think tanks are heaping praise on an anti-carbon tax resolution that was recently introduced in the lower chamber of Congress. Americans for Tax Reform, along with more than 20 like-minded organizations, issued a joint statement Thursday in support of a House resolution that explicitly condemns a tax on carbon dioxide pollution. Majority Whip Steve Scalise and West Virginia Rep. David McKinley introduced the nonbinding resolution. The one page resolution states that a carbon tax would be detrimental to American families and businesses, and is not in the best interest of the United States....
  • How the science of persuasion could change the politics of climate change

    04/16/2018 6:22:34 AM PDT · by Oldeconomybuyer · 49 replies
    MIT Technology Review ^ | April 16, 2018 | by James Temple
    Jerry Taylor believes he can change the minds of conservative climate skeptics. After all, he helped plant the doubts for many in the first place. Hes president of the Niskanen Center, a libertarian-leaning Washington, DC, think tank he founded in 2014. He and his colleagues there are trying to build support for the passage of an aggressive federal carbon tax, through discussions with Washington insiders, with a particular focus on Republican legislators and their staff. Lesson one: Pick the right targets Political scientists consistently find that mass opinion doesnt drive the policy debate, so much as the other way around....
  • Washington state's carbon tax bill dies in Legislature

    03/02/2018 5:44:46 AM PST · by PROCON · 15 replies
    AP ^ | March 2, 2018 | PHUONG LE , Associated Press
    SEATTLE (AP) Another ambitious effort to pass a carbon tax in Washington state has faltered as both Gov. Jay Inslee and the bill's prime sponsor said Thursday that there weren't enough votes to pass the measure out of the state Senate. Washington would have been the first U.S. state to impose a straight tax on carbon dioxide emissions from fossil fuels like gasoline and electricity and the legislation has been closely watched nationally.
  • Obamas Energy nominee: We need carbon tax to double or triple energy cost

    03/25/2013 2:34:34 PM PDT · by Nachum · 36 replies
    Examiner ^ | 3/25/13 | Joel Gehrke
    President Obamas Energy secretary nominee regards a carbon tax as one of the simplest ways to move the energy industry towards clean technologies, though he notes that government would have to come up with a plan to mitigate the burden this tax places on poor people, who would pay the most. Ultimately, it has to be cheaper to capture and store it than to release it and pay a price, MIT professor and Energy nominee Ernest Moniz told the Switch Energy Project in an interview last year. If we start really squeezing down on carbon dioxide over the next few...
  • Americans want a tax on carbon pollution, but how to get one?

    10/23/2017 11:48:12 AM PDT · by Oldeconomybuyer · 95 replies
    The Guardian ^ | October 23, 2017 | by Dana Nuccitelli
    According to a new study published by Yale, Americans are willing to pay a carbon tax that would increase their household energy bills by $15 per month, or about 15%, on average. This result is consistent with a survey from last year that also found Americans are willing to pay an average of $15 to $20 per month to combat climate change. Another recent Yale survey found that overall, 78% of registered American voters support taxing and/or regulating carbon pollution, including 67% of Republicans and 60% of conservative Republicans. This raises the question with such broad support across the...
  • Impose carbon tax and let the market solve climate change | Opinion

    10/23/2017 11:34:44 AM PDT · by Oldeconomybuyer · 41 replies
    Philadelphia Inquiere ^ | October 23, 2017 | by Mark Reynolds
    In its zeal to undo the legacy of our 44th president, the Trump administration is now undoing the future of our children and grandchildren by repealing the Clean Power Plan, a policy designed to reduce the heat-trapping emissions that make our climate more and more inhospitable. Its clear that our unstable climate is putting bigger and bigger burdens on our economy. Its also clear that the White House is determined to remove regulations on the use of dirty fuels contributing to that unstable climate. The best answer is for Congress to pass legislation that would put the market to work...
  • Let's Fund Disaster Relief - And Fight Climate Change - With A Tax On Carbon

    09/08/2017 9:43:04 AM PDT · by Oldeconomybuyer · 64 replies
    Forbes ^ | September 8, 2017 | By Jim Krane
    As Hurricane Harveys inland sea drains from Houston, the cleanup tally is rising: $180 billion for Texas alone, equal to the entire GDP of New Zealand. We in Texas and Louisiana and perhaps Florida direly need funds to haul debris, fix houses and schools, replace cars, and build better flood protection. With all these needs, a carbon tax can help. A federal tax on carbon would discourage emissions of carbon dioxide and other GHGs that are warming the seas and the air. Done right, a carbon tax would also bankroll cleanup campaigns led by FEMA and local agencies....
  • Some Democrats See Tax Reform as a Path to Taxing Carbon

    08/17/2017 9:36:37 AM PDT · by Oldeconomybuyer · 13 replies
    New York Times ^ | August 17, 2017 | By LISA FRIEDMAN
    With a sweeping overhaul of the tax code on the horizon, two Senate Democrats believe this is the moment to broach the third rail of climate change policy: a carbon tax. The plan by the senators, Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii, to level a $49 per metric ton fee on greenhouse gas emissions is widely acknowledged as a long shot. But the lawmakers, along with climate activists and a cadre of conservative supporters, insist the tax reform is a way to create bipartisan support. The senators propose to use a portion of the estimated $2.1...
  • G-20 shut Trump out on climate, strike deal on trade (The Munchkins make their own deal)

    07/08/2017 8:40:37 AM PDT · by E. Pluribus Unum · 51 replies
    Ass. Press via The Washington Compost ^ | July 8, 2017 | David McHugh and Geir Moulson
    HAMBURG, Germany World powers lined up against U.S. President Donald Trump on climate change Saturday, reaffirming their support for international efforts to fight global warming. The final statement of the Group of 20 summit in Hamburg, Germany, underlined that the other countries and the European Union supported the Paris climate agreement rejected by Trump. They called the deal to reduce greenhouse gases irreversible and vowed to implement it quickly and without exception. The other countries, from European powers such as Germany to emerging ones such as China and energy producers such as Saudi Arabia, dismissively took note of the...
  • Tillerson picked as SOS, Recommended by James Baker and Robert Gates

    12/12/2016 8:15:33 PM PST · by nwrep · 116 replies
    The New York Times ^ | Dec 12, 2016 | By MICHAEL D. SHEAR and MAGGIE HABERMAN
    Mr. Tillerson emerged as a contender on the strong recommendations of James A. Baker III, the secretary of state under President George Bush, and Robert M. Gates, the former defense secretary, according to a person briefed on the process. Mr. Kushner and Mr. Trumps chief strategist, Stephen K. Bannon, advocated strongly for Mr. Tillerson, and the president-elect became intrigued.
  • Exxon Mobil signs on to Republican-led carbon tax proposal

    06/20/2017 9:54:17 PM PDT · by Timpanagos1 · 35 replies
    Houston Chronicle ^ | 6/20/17 | James Osborne
    WASHINGTON - Exxon Mobil Corp. and other large oil companies are backing a carbon tax proposal put forward earlier this year by a group of former Republican leaders including James A. Baker III, the former secretary of state and a Houston attorney. The Climate Leadership Coalition, a group that includes Baker, former Treasury Secretary Hank Paulson, and former Secretary of State George Shultz, announced a list of "founding members" Tuesday that includes Exxon Mobil, BP, Shell, Total, General Motors and Johnson & Johnson. "We support @TheCLCouncil as a founding member and are working to support its policy development process," Exxon...
  • Regulators expand their authority, play politics with carbon at ratepayer expense [ Colorado]

    06/20/2017 6:48:25 AM PDT · by george76 · 16 replies
    Independence Institute ^ | June 19, 2017 | Amy Cooke
    In a decision that evokes former President Obamas environmental agenda, the Colorado Public Utilities Commission (PUC) on March 23, 2017, expanded its authority in a way thats likely to drive up electricity rates. Every four years, Xcel Energy undergoes a resource planning process that outlines their ability to meet ratepayers electricity demand. They present portfolios containing cost analyses regarding the utilitys generation, and the Commission selects the lowest cost resources available to provide the company with enough capacity and energy to in turn be able to provide customers with reliable electricity. However, in the 2016 Energy Resource Plan, the Public...
  • A Massive Lake of Molten Carbon The Size of Mexico is Discovered Under The US

    04/30/2017 8:38:09 PM PDT · by shove_it · 137 replies
    GeologyIn ^ | 30 Apr 2017
    A huge well of molten carbon that would spell disaster for the planet if released has been found under the US. Scientists using the world's largest array of seismic sensors have mapped a deep-Earth area, covering 700,000 sq miles (1.8 million sq km). This is around the size of Mexico, and researchers say it has the potential to cause untold environmental damage. The discovery could change our understanding of how much carbon the Earth contains, suggesting it is much more than we previously believed. It would be impossible to drill far enough down to physically 'see' the Earth's mantle,...
  • Trump Picks Another Goldman Sachs Executive

    12/12/2016 11:45:11 AM PST · by VitacoreVision · 26 replies
    The New American ^ | 12 December 2016 | Steve Byas
    A global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities, was the wording of a Trump TV commercial late in the presidential campaign, complete with the face of the chief executive of Goldman Sachs, Lloyd Blankfein, on the screen.Yet President-elect Donald Trump has named Blankfeins friend and associate, the chief operating officer of Goldman Sachs, Gary Cohn, to lead the National Economic Council (NEC), the third Goldman executive tapped for either...
  • The James Baker-George Shultz Carbon-Tax Plan Is a Bad Deal for Americans

    02/14/2017 10:49:26 AM PST · by SeekAndFind · 10 replies
    National Review ^ | 02/14/2017 | Rupert Darwall
    The fact that its being proposed by Republicans doesnt make it any more economically palatable. Madness is rare in individuals but in groups, parties, nations, and ages it is the rule Friedrich Nietzsche Cap and trade was just one way of skinning the cat; it was not the only way, Barack Obama declared after Democrats disastrous losses in the 2010 midterm elections. That shellacking finally killed off the Waxman-Markey cap-and-trade bill. From it was born the EPAs Clean Power Plan and the Obama administrations war on coal, in turn a contributory factor to Donald Trumps election and Republicans...
  • No, the conservative response to climate change is not a carbon tax

    02/12/2017 7:28:02 AM PST · by Sean_Anthony · 21 replies
    Canada Free Press ^ | 02/12/17 | Herman Cain
    Sorry, nervous old-school Republicans Weve often argued on this site that the real reason liberals talk about global warming oh, sorry, climate change is that it serves as a convenient excuse to implement the policies they want anyway. The public wont support massive taxes and crushing regulation on business, so Democrats insist there is a global emergency whose only possible solution is, amazingly, these very policies.