On January 1, 1991, Sweden enacted a carbon tax, placing a tax of .25 SEK/kg ($100 per ton) on the use of oil, coal, natural gas, liquefied petroleum gas, petrol, and aviation fuel used in domestic travel. Industrial users paid half the rate (between 1993 and 1997, 25% of the rate), and certain high-energy industries such as commercial horticulture, mining, manufacturing and the pulp and paper industry were fully exempted from these new taxes. In 1997 the rate was raised to .365 SEK/kg ($150 per ton) of CO2 released. Finland, the Netherlands, and Norway also introduced carbon taxes in the 1990s.
In 2005 New Zealand proposed a carbon tax, setting an emissions price of NZ$15 per tonne of CO2-equivalent. The planned tax was scheduled to take effect from April 2007, and applied across most economic sectors but allowed a standing exemption for methane emissions from farming and provisions for special exemptions from carbon intensive businesses if they agree to adopt world's-best-practice standards of emissions. After the 2005 election, the minor parties supporting the Government opposed the proposed tax, and it was abandoned in December 2005. The Government said the tax would not be effective at reducing carbon emissions.
As President of the United States, Bill Clinton proposed a BTU tax that was not adopted. In April 2005, Paul Anderson, CEO and Chairman of Duke Energy, called for the introduction of a carbon tax.
Can you imagine this carbon tax passing as long as Republicans control the House of Representatives?
Kyoto by another name remains a bad idea.....
The RINO's would love this. I still haven't found out what tax Frist attached to the immigration bill at the end (yes, I know the Senate cannot initiate tax bills, but Frist did something, I just haven't heard exactly what it was yet).