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MIT Report: Carbon Tax Necessary to Break Fossil Fuel Dependence
Oilprice.com ^ | 03-03-2016 | MIT

Posted on 03/03/2016 3:06:18 PM PST by bananaman22

Renewable energy advocates like to point out that the cost of renewable fuels, like solar power, have dropped substantially in the last few years. The cost of solar power for instance has fallen by more than two-thirds since 2009. Yet for all the excitement about renewable power, the reality is that the entire energy sector has essentially been in a state of deflation for the last decade. The notable drop in oil prices over the last two years aside, costs of producing oil both in the U.S. and in many parts of the world have fallen dramatically. The phase out of coal in the U.S. has been driven not by government regulation, but rather by the economic forces associated with cheaper U.S. natural gas production. The cold reality for renewables is simply this; conventional fossil fuel costs are coming down just as fast.

(Excerpt) Read more at oilprice.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: 2012election; algore; aljazeeragore; aninconvenienttruth; carboncredits; carbondioxide; carbonfootprint; carbontax; climate; climatechange; co2; coal; election2012; energy; epa; ethanol; fossilfuels; globalwarming; globalwarminghoax; globalwwarming; greens; hydro; jazeeraalgore; massachusetts; methane; mit; mittromney; naturalgas; oil; opec; petroleum; popefrancis; renewables; romancatholicism; socialism; solar; wind
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To: BenLurkin; All
"The power to tax is the power to destroy."

Presuming that the carbon tax would be applied to INTRAstate business transactions (corrections welcome), and given that a previous generation of state sovereignty-respecting justices had clarified that the states have never delegated to Congress, expressly via the Constitution, the specific power to regulate intrastate commerce, which is what a carbon tax would do, I don’t see where the carbon tax is constitutional.

And how many states are fossile fuel self-sufficient which would would make it even more difficult for Congress to apply a carbon tax imo?

What am I overlooking?

21 posted on 03/03/2016 3:57:12 PM PST by Amendment10
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To: bananaman22

Lemme guess ... and MIT is willing to put its brightest young minds on the problem for millions in grant money.


22 posted on 03/03/2016 3:57:47 PM PST by dartuser
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To: lapsus calami; All
"And replace it with what, geniuses?"

Good point !

Carbon tax is just another excuse to justify more unconstitutional federal taxes.

23 posted on 03/03/2016 3:59:45 PM PST by Amendment10
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To: bananaman22
Gasoline is already the most per capita taxed thing there is.

Academia, is complicit with the left wing in their AGW blather.

24 posted on 03/03/2016 4:13:13 PM PST by catfish1957 (I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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To: exist

Necessary to bring us to our knees financially.

Leftist bullies.


25 posted on 03/03/2016 4:19:26 PM PST by Chickensoup (Leftism is the biggest killer of citizens in the world.)
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To: taxcontrol

OK!! Everybody pay attention!

Lesson for today:

1. The sun is 1,300,000 times as big as the earth.

2. The sun is a giant nuclear furnace that controls the climates of all its planets.

3. The earth is one of the sun’s planets.

4. The earth is a speck in comparison to the size of the sun.

5. Inhabitants of the earth are less than specks.

Study Question: How do less-than-specks in congress plan to control the sun?


26 posted on 03/03/2016 4:22:02 PM PST by abclily
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To: abclily

LOL - very good!


27 posted on 03/03/2016 4:28:08 PM PST by taxcontrol ( The GOPe treats the conservative base like slaves by taking their votes and refuses to pay)
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To: bananaman22

I’m sorry to see that MIT has gone over to the dark side. Professor Lindzen wouldn’t approve, but they seem to be ignoring him.


28 posted on 03/03/2016 4:31:04 PM PST by beethovenfan (Islam is a cancer on civilization.)
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To: TigersEye

I doubt she had the brains to read the letter.


29 posted on 03/03/2016 4:32:42 PM PST by beethovenfan (Islam is a cancer on civilization.)
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To: taxcontrol

Yes, it’s funny. And MIT is buying into the man-made global warming hoax. How far we have come!


30 posted on 03/03/2016 4:34:24 PM PST by abclily
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Image and video hosting by TinyPic

"Death to America!"


31 posted on 03/04/2016 1:56:03 AM PST by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
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To: bananaman22

Is this another ‘Grubber’ hate-Americans thing?


32 posted on 03/04/2016 9:17:38 AM PST by GOPJ (White liberal elites propped up by a criminal underclass dancing on burning cars.)
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To: bananaman22; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; ...
TAXIFICATION!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

Warren Buffett says it's 'highly likely' climate change poses a major problem for the planet

Global Warming on Free Republic here, here and here

Latest from Global Warming News Site

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33 posted on 03/04/2016 4:01:27 PM PST by Tolerance Sucks Rocks (Stick a fork in America; she's done.)
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To: dartuser
Lemme guess ... and MIT is willing to put its brightest young minds on the problem for millions in grant money.

Bingo! We have a winner. About 58% of MIT's campus research funding comes from the Federal Government.

34 posted on 03/04/2016 9:24:48 PM PST by rustbucket
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To: bananaman22

translation- We need a carbon tax so the rich can get richer, and the poor can struggle even more as they spend hteir paychecks purchasing gasoline and heating oil to get baCK and forth to work and to heat their homes and have lights at night


35 posted on 03/05/2016 11:31:17 AM PST by Bob434
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