Posted on 10/26/2018 8:06:49 AM PDT by Oldeconomybuyer
From a glimpse of the television ads, campaign speeches and newspaper headlines, it might be hard to guess that climate change is on the ballot in the fast-approaching midterm elections.
But climate activists and policy experts across the political spectrum say that, win or lose, a ballot initiative in Washington state that would create a first-in-the-nation carbon tax has the potential to shake up the national debate about how to address climate change.
If approved, the initiative would require companies to pay to emit climate-change causing carbon dioxide and would in turn provide the Pacific Northwest state with a revenue stream to fund a slew of government programs.
The policy - known as I-1631 - would require companies to pay $15 for every metric ton of carbon dioxide they emit beginning in 2020. The fee would provide the state with around $1 billion in annual revenue, and the price would increase gradually over time. Supporters of the initiative say it would allow the state to reduce CO2 emissions by 25% by 2035, the state’s official target. Washington would use 70% of the funds for clean air and energy investments, 25% for water and forests, and 5% for “healthy communities.” Supporters list new solar and wind farms, forest restoration and climate education programs among the potential direct beneficiaries of a new program.
(Excerpt) Read more at time.com ...
Yeah. That's what it will do.
Yep, the Left has never met a tax it couldn’t like.
In their dreams. No doubt the real effect will be a mass exodus of industry leaving the state for more business-friendly tax-sane environs. As always, liberals think their victims will just passively accept whatever they seek to inflict, whereas in reality most of the targeted populace will respond and adapt dynamically to protect their own interests.
Without carbon dioxide plants will starve.
Without carbon dioxide plants will starve.
Boeing in Renton will just love this new law ... Especially when they broaden it to include CO2 exhaled by workers assembling planes or laboring over hot lines of code an MS, Google, and Adobe.
You breathe out about 100 lbs a year
Good luck with that tax morons
Hey if y’all want to kill jobs and drive companies out of your state, by all means go ahead. I’m sure South Carolina would welcome an expansion of Boeing’s plant there.
target is more likely the refinery at Anacortes. the pro-1631 ads all feature it as a backdrop. those evyl oil companies must be made to pay (of course it will really be the collected at the pump).
Already voted NO on this stink bomb of a bill and I don’t think it will pass.
All Repub governors should be salivating that this passes, so they can start lobbying any and all business away from Washington state to their own states...
Such a carbon tax would hit Boeing the hardest.
Climate Change is on the Ballot?
They think that the Unviverse gives a rat ass?
This bill is promoted by the most-demented, -delusional, -paranoid, -worthless governor in U.S. history - Jay Inslee. He who has practically no major accomplishments in decades of public “service.” Unfortunately, he is the governor of the state in which I was born and live.
I sit on a committee of professionals that supports this insanity. And although I was unsuccessful in derailing our committee’s endorsement, I managed to move the needle far enough that our support was vocal only and not monetary. Then, of course, I mailed in my ballot rejecting the bill.
This nonsense does not have much support east of the Cascades. The problem is what the snowflakes are thinking in Seattle. Cross your fingers.
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