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Exxon, BP support Republican elders' climate proposal
Reuters ^ | June 20, 2017 | By Richard Valdmanis

Posted on 06/20/2017 12:43:20 PM PDT by Oldeconomybuyer

Major oil companies like Exxon Mobil and BP Plc have thrown their support behind a carbon tax plan proposed by a group of elder Republican statesmen, according to an advertisement published in the Wall Street Journal on Tuesday.

The corporate support for the plan, which would impose a $40 tax on each ton of carbon dioxide produced, follows a decision by President Donald Trump to pull the United States out of the Paris Climate Agreement, a global pact that fights climate change by slashing emissions from burning fossil fuels.

The Climate Leadership Council proposal was co-authored by James Baker, secretary of state during the administration of George H. W. Bush, and George Shultz, secretary of state under Ronald Reagan. The proposed $40 per ton tax on carbon would rise in price over time, and revenues would be paid into the Social Security Administration.

While the plan echoes past attempts by parts of the Republican Party to address climate change, it could be a non-starter. Trump has expressed doubt over the existence of climate change and has said efforts to fight it put the United States at a competitive disadvantage.

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


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: fakescience; globalists; globalwarming; gop; hoax
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The real GOPe.
1 posted on 06/20/2017 12:43:20 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

The Bushes and their hacks are our enemies.


2 posted on 06/20/2017 12:48:09 PM PDT by Luke21
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To: Oldeconomybuyer

great...are any under 85 years old ?


3 posted on 06/20/2017 12:48:45 PM PDT by stylin19a
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To: Oldeconomybuyer

“elder Republican statesmen”

AKA the same guys who screwed up so badly we ended up with Bill Clinton and Barack Obama.


4 posted on 06/20/2017 12:49:50 PM PDT by thoughtomator
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To: Oldeconomybuyer

Well, it beats paying the money to the UN.


5 posted on 06/20/2017 12:50:58 PM PDT by RatRipper (Unindicted co-conspirators: the Mainstream Media and the Democratic Party)
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To: Oldeconomybuyer
Globalist thieves backing #FakeScience.


6 posted on 06/20/2017 12:51:54 PM PDT by TigersEye (Investigate the Awan brothers and Wasserman Schultz)
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To: Oldeconomybuyer
Trump has expressed doubt over the existence of climate change and has said efforts to fight it put the United States at a competitive disadvantage.

And he's right on both counts.

7 posted on 06/20/2017 12:51:59 PM PDT by NorthMountain (The Democrats ... have lost their grip on reality -DJT)
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To: Oldeconomybuyer

Very generous of them to offer my money for the cause. I propose a “Republican Elders’ and Oil Executives’” tax plan. They can match the total of what they want others to pay dollar for dollar. And they can do it first. It’s for the children.


8 posted on 06/20/2017 12:52:51 PM PDT by rightwingcrazy (rightwingcrazy)
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To: Oldeconomybuyer
revenues would be paid into the Social Security Administration.

While I hate the idea of a new fake tax on carbon at least the revenue is not going to the turd world or the UN.

9 posted on 06/20/2017 12:53:15 PM PDT by usurper
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To: Luke21

The Carbon Tax kneecaps startup energy companies.
It’s the only reason old-guard Pubbies and the Fortune 500 would unite to support it.


10 posted on 06/20/2017 12:55:18 PM PDT by Buckeye McFrog
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To: Oldeconomybuyer
Major oil companies like Exxon Mobil and BP Plc have thrown their support behind a carbon tax plan proposed by a group of elder Republican statesmen, according to an advertisement published in the Wall Street Journal on Tuesday.

Looks like this group of elder Republican statesmen are looking to enrich themselves on the back of the climate change hoax. Of course they are pretending that they are doing it for you. What a deal!

11 posted on 06/20/2017 12:57:22 PM PDT by olezip
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To: usurper

“While I hate the idea of a new fake tax on carbon at least the revenue is not going to the turd world or the UN.”

How did all those other taxes for SSI end up going wherever the hell the libs wanted? This is a scam. It will enrich the already rich.


12 posted on 06/20/2017 1:23:35 PM PDT by Luke21
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To: Oldeconomybuyer

All are stupid and dumber than dirt.


13 posted on 06/20/2017 1:28:58 PM PDT by mulligan
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To: rightwingcrazy
Very generous of them to offer my money for the cause.

My take exactly...

14 posted on 06/20/2017 1:30:33 PM PDT by GOPJ (James Hodgkinson a Bernie Sanders true believer)kicks off Resistance Summer by shooting Republicans)
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To: Oldeconomybuyer

The GOPe has Statesmen?

Prove it.


15 posted on 06/20/2017 1:30:45 PM PDT by Paladin2 (No spelchk nor wrong word auto substition on mobile dev. Please be intelligent and deal with it....)
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To: Oldeconomybuyer

Good luck getting president Trump to sign such a bill.


16 posted on 06/20/2017 1:32:19 PM PDT by Rebelrage ("To crush your enemies -- See them driven, and to hear the lamentation of their women")
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To: Oldeconomybuyer

Trump doesn’t have to sign it.

I wonder what his take will be.


17 posted on 06/20/2017 1:40:42 PM PDT by SaxxonWoods (CNN IS ISIS.)
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To: Oldeconomybuyer
revenues would be paid into the Social Security Administration.
How would money funneled in to the SSA effect "climate change" exactly?
18 posted on 06/20/2017 1:50:53 PM PDT by lewislynn
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To: Oldeconomybuyer

Nothing by James Baker deserves the light of day let alone serious consideration.


19 posted on 06/20/2017 1:51:50 PM PDT by Billyv (Freedom isn't Free! Get off the sidelines!)
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To: Billyv

How far James Baker has come from his days when he played footsie with Saudi plungers — including the Bin Ladens — who used Houston as their playtoy.


20 posted on 06/20/2017 2:24:09 PM PDT by Bookshelf
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