Showing posts with label carbon tax. Show all posts
Showing posts with label carbon tax. Show all posts

Monday, May 8, 2017

Global Fatcats Urge More Carbon Pricing, Climate Policy Continuity

at Labels: , ,

Sunday, March 26, 2017

Trump order to undo Obama emissions plan coming Tuesday



President Trump will issue an executive order on Tuesday to begin undoing former President Obama's rule on carbon emissions, Environmental Protection Agency head Scott Pruitt said Sunday.

"This is about making sure that we have a pro-growth and pro-environment approach to how we do regulation in this country," Pruitt said on ABC's This Week....
at Labels: , , , ,

Wednesday, March 22, 2017

Trump administration not considering a carbon tax:

at Labels: , , ,

Friday, February 24, 2017

Hundreds Of Scientists Urge Trump To Pull Out Of A 25-Year-Old UN Environmental Treaty: "There is clear evidence that increased atmospheric carbon dioxide is environmentally helpful to food crops and other plants that nourish all life. It is plant food, not poison”



at Labels: , , , ,

Monday, September 21, 2015

Governor Brown recently issued an executive order mandating extreme new energy cuts and plans to fund the program with tens of billions in cap and trade taxes. A lawsuit is currently challenging the plan on the grounds that these costly taxes are illegal under Prop. 13.



Last week, the California Legislature resoundingly rejected Governor’s Brown’s efforts to cut carbon dioxide emissions beyond the levels required by AB 32, which requires California to reduce emissions in the state to 1990 levels by 2020. The proposed new law, known oddly enough as SB 32, would have required substantial further reductions in state emissions to 80% below 1990 levels by 2050. That was more than even the Democrat-heavy California Assembly could stomach, and the bill was killed on the Assembly Floor.

Undaunted, Governor Brown declared that he would move forward without the legislation in requiring the 80% cuts. He cited his executive order of a few months ago as authority for requiring the drastic and economically hurtful emissions reductions of carbon dioxide, a ubiquitous, natural substance essential to life on this planet. Because carbon dioxide is everywhere and in everything, regulating that substance means regulating virtually every aspect of life. In pursuit of that goal in California, Brown has directed over a dozen state regulatory agencies, spearheaded by CARB, to regulate California’s economic life, including oil production, farming, transportation, construction, and water distribution. Not one aspect of California’s economy will be unaffected....
at Labels: , , , , ,

Friday, September 11, 2015

Thank you for all of your calls in opposition to SB 32. This job-killing bill would have raised energy costs for us all through the state's bizarre "carbon trading" scheme.

at Labels: , , , , , ,

Tuesday, January 6, 2015

It’s Never a Good Time for a Carbon Tax

◼ Larry Summers, former treasury secretary and economic advisor to the Obama administration, says low oil prices offer a ripe opportunity to impose a carbon tax. Writing in the Washington Post, Summers argues that conservatives “who believe in the power of markets should favor carbon taxes on market principles.” - Daily Signal

We have no idea, of course, how long oil prices will remain low. But it doesn’t matter. Cheap oil is no excuse for bad policy. A carbon tax is not a market-based policy and will be a huge economic loser without making a dent in global warming....

Although Summers has argued for a carbon tax when oil prices were high, part of Summers’ argument in his most recent op-ed is that Americans can now afford a carbon tax. He writes:

“Those who drive long distances to work, say, or who have homes that are expensive to heat would be disproportionately burdened. Now that these consumers have received a windfall from the fall in energy prices, it would be possible to impose substantial carbon taxes without them being burdened relative to where things stood six months ago.”

Summers significantly downplays the damage a carbon tax would impose. Levying a price on carbon dioxide will directly raise the cost of electricity, gasoline, diesel fuel and home heating oil. An overwhelming majority of America’s energy needs are met by carbon-emitting conventional fuels. And since low-income families spend a larger proportion of their income on energy, a tax that increases energy prices would disproportionately affect the budgets of the poorest American families.

The direct hit is just a small part of the story. Energy is a necessary component for just about all of the goods and services consumed, so Americans will pay more for food, healthcare, education, clothes, cleaning supplies – you name it. A carbon tax would act as a vise – squeezing both the production and consumption ends of the economy....
at Labels: , , , , ,

Thursday, August 28, 2014

California drivers brace for costly new gas tax

◼ Californians already pay the nation's second highest gas tax at 68 cents a gallon -- and now it will go up again in January to pay for a first-in-the-nation climate change law. - FOX

..."I think it’s terrible," added Lupe Sanchez, pumping $4.09-a-gallon gas at a Chevron near Santa Monica. "The economy, the way it is right now with jobs and everything, it's just crazy."

When gas prices go up, motorists typically blame oil companies, Arab sheiks and Wall Street speculators. This time they can blame Sacramento and former Gov. Arnold Schwarzenegger for passing a bill requiring California to reduce carbon emissions to 1990 levels by 2020.

The tax on carbon already raised about $1 billion in revenue by requiring manufacturers and utilities to buy credits for each ton of carbon emitted into the atmosphere. At the beginning of next year, the law will also apply to oil and gas. Refiners and distributors say they will pass another $2 billion in costs on - largely to consumers....
at Labels: , , , , , , ,

Tuesday, October 15, 2013

Watchdog: Former Treasury Official Used University Email for Official Business

◼ Another senior Obama administration official used a private email address to conduct government business - Washington Free Beacon

The Competitive Enterprise Institute filed a Freedom of Information Act request last week claiming that former Treasury deputy assistant secretary for environment and energy Gilbert Metcalf used his Tufts university email account to conduct government business.

Metcalf, a professor of economics at Tufts, was appointed to the Treasury Department in 2011. He left the department in 2012 and returned to the university.

“As it has with numerous other senior administration officials, CEI has established Mr. Metcalf’s use of such an account for Treasury-related correspondence, specifically an account he maintained on the system of his employer prior to joining Treasury, Tufts University,” CEI wrote in the FOIA request. “It also appears that Treasury was not in fact maintaining and preserving these records as required by law and regulation, and similarly that Mr. Metcalf was not providing copies to Treasury.”

Federal record laws require government employees to use their official email accounts to conduct business. If they use a private email account, employees must copy the email to their government account for preservation.

CEI’s FOIA request is part of a larger investigation by the organization into the administration’s interest in establishing a carbon tax. CEI is requesting all Treasury-related emails from Metcalf’s non-official accounts....
at Labels: , , , , ,
Subscribe to: Posts (Atom)