Posted on 02/12/2009 12:53:28 PM PST by NormsRevenge
WASHINGTON (AFP) US Energy Secretary Steven Chu has floated the idea of a carbon emissions tax to fight global warming, in an interview with The New York Times Thursday.
During the US presidential campaign, the notion was kept largely on the back burner as candidates were reluctant to promote the idea of costlier energy at a time when gasoline prices were soaring.
But since President Barack Obama's administration took office in January, Congress has been working on setting up a system for swapping greenhouse gas emissions quotas similar to the one used in the European Union.
And Chu said "alternatives could emerge, including a tax on carbon emissions," the Times reported.
Chu, a Nobel laureate in physics, long concerned about global warming, acknowledged it would be a tough sell to get a law passed in the United States that could lead to higher energy prices.
(Excerpt) Read more at news.yahoo.com ...
I have a better idea. Why not take 4 or maybe 8 years off and refrain from impairing your constituents discretionary income. There ain’t much of it left.
I’m sorry, but can someone tell me what this would look like? What is a carbon emission and who emits it, and how is it measured and taxed?
Check this out.
What is Carbon Trading?
http://www.cbc.ca/documentaries/passionateeyemonday/2008/burningseason/whatcarbontrading.html
It’s trading money for hot air or the right to discharge more, essentially. The UN is all for a carbon tax which pretty much means anyone who breathes is probably going to be taxed on their breath someday, as crazy as this world is getting..
a risky scheme in the eyes , noses and minds of many. ;-)
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