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Impose carbon tax and let the market solve climate change | Opinion
Philadelphia Inquiere ^ | October 23, 2017 | by Mark Reynolds

Posted on 10/23/2017 11:34:44 AM PDT by Oldeconomybuyer

In its zeal to undo the legacy of our 44th president, the Trump administration is now undoing the future of our children and grandchildren by repealing the Clean Power Plan, a policy designed to reduce the heat-trapping emissions that make our climate more and more inhospitable.

It’s clear that our unstable climate is putting bigger and bigger burdens on our economy. It’s also clear that the White House is determined to remove regulations on the use of dirty fuels contributing to that unstable climate.

The best answer is for Congress to pass legislation that would put the market to work on solving climate change.

The policy is a steadily rising fee on carbon with revenue returned to households. This approach uses the power of the market to hold fossil fuels accountable for the damage they inflict on our society.

A straightforward carbon fee would drive investment and consumer behavior toward low-carbon energy and energy efficiency, thereby reducing greenhouse gas emissions.

The fee would impose a price on fossil fuels as they are extracted from the ground, at the mine, or wellhead. All the funds collected go into one “pot,” which would be distributed monthly as a dividend to every household in the country.

In repealing the Clean Power Plan, the Trump administration shows that it’s bent on removing government regulations around climate change. That means it’s up to Congress to make the market solve this problem instead. Failure to act will lead to the day when climate-related disasters outpace our ability to recover and adapt.

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


TOPICS: Business/Economy; Constitution/Conservatism; Editorial; News/Current Events
KEYWORDS: aqw; carbontax; climate; climatechnagefraud; fakescience; globalwarming; hoax; marxism; socialism; taxes
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To: umgud

How about abortion credits? Maybe the market will take care of that too?

ya it did , right out of business,LOL


21 posted on 10/23/2017 12:18:11 PM PDT by butlerweave (it's the children are)
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To: Oldeconomybuyer
BS!!!!!!!
22 posted on 10/23/2017 12:19:31 PM PDT by SandRat (Duty, Honor, Country)
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To: Luke21; Buckeye McFrog

The US Congress tried to implement a carbon cap and trade in 2009 but failed, after which Obama moved forward and began regulating CO2 with the Clean Air Act


23 posted on 10/23/2017 12:20:19 PM PDT by Ben Ficklin
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To: Lurkinanloomin

Why didn’t Obama do this Mark if it is such a great idea?


24 posted on 10/23/2017 12:21:38 PM PDT by Robert DeLong
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To: abclily
Study Question: How do less-than-specks in congress plan to control the sun?

Answer: Daylight Savings Time.

-PJ

25 posted on 10/23/2017 12:23:08 PM PDT by Political Junkie Too (The 1st Amendment gives the People the right to a free press, not CNN the right to the 1st question.)
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To: Political Junkie Too

That’s funny.


26 posted on 10/23/2017 12:28:05 PM PDT by Hugh the Scot ("The days of being a keyboard commando are over. It's time to get some bloody knuckles." -Drew68)
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Comment #27 Removed by Moderator

To: Oldeconomybuyer
The fee would impose a price on fossil fuels as they are extracted from the ground, at the mine, or wellhead. All the funds collected go into one “pot,” which would be distributed monthly as a dividend to every household in the country.

Q: Why collect the fee in the first place if you are going to redirect it back to households.
A: well we won't redirect all of it back to households.

Q: So you're skimming off the top?
A: No - of course not. We will invest a certain percentage into green projects.

Q: You mean green projects like those we hear about that go into bankruptcy?
A: No. We will use a portion of the carbon fees to send to the green companies so they no longer go bankrupt.

Q: So you skim off the top to send to your political donors?
A: No. Of course not.

Q: But of the amount left you will send to each household an amount that varies depending on how much they paid in carbon fees?
A: Well not exactly. We will send each household the same amount. Otherwise it would not be fair.

Q: So how is this different from communism?
A: It's not. But we will implement communism better than other countries have because we are smarter.

Q: You mean you are smarter because you come from European heritage?
A: No. We are smarter because only smart people believe in socialism and communism.

Q: OK. I see.

28 posted on 10/23/2017 12:37:16 PM PDT by plain talk
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To: SpaceBar

Yeah,this guy always seems to come down on the wrong end of things. All money spent on climate change(as it is presently practiced)is money wasted. Solves no problems.


29 posted on 10/23/2017 12:41:12 PM PDT by oldtech
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To: Oldeconomybuyer
A straightforward carbon fee would drive investment and consumer behavior toward low-carbon energy and energy efficiency, thereby reducing greenhouse gas emissions.

Yes, it probably would. But what it overlooks is that C02 is NOT a greenhouse gas and is not responsible for atmospheric warming. I've read many books by real experts, not junk science zealots, who spell it out clearly: atmospheric C02 rises some 600 to 800 years on average *after* warming occurs. There are many causes for global warming and cooling that are not dream't of in Algore's philosophy.

30 posted on 10/23/2017 12:43:10 PM PDT by Bernard Marx
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To: Oldeconomybuyer

Prepare a whopping yuge tax bill addressed to the Sun. Stamp the envelope “COVFEFE” and make sure to wrap it in heat resistant material. Load it onto a rocket that shoot that bad boy right at Old Sol. Good luck to yee.


31 posted on 10/23/2017 12:46:40 PM PDT by VietVet876
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To: Oldeconomybuyer

So basically, just give taxes to the government, and at that point let the problem take care of itself!
Which is consistent with the whole goal of the climate change hoax! It’s all about $ being transferred from citizens to the governing class.


32 posted on 10/23/2017 12:47:19 PM PDT by winner3000
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To: winner3000

Unfortunately there’s several very high up people in Trump’s Administration who are all for the idiotic job killing idea.


33 posted on 10/23/2017 12:51:40 PM PDT by gibsonguy
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To: plain talk

Well done!


34 posted on 10/23/2017 12:53:02 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Ben Ficklin

Stroke of a pen, so yes he could have done it just like he did DACA and a host of other things. Sorry to hear about your short dick. I guess we each have a cross to bear. 8>)


35 posted on 10/23/2017 1:28:17 PM PDT by Robert DeLong
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To: sergeantdave

Mark Reynolds: “I haz the dumz.”


36 posted on 10/23/2017 1:52:08 PM PDT by generally ( Don't be stupid. We have politicians for that.)
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To: Oldeconomybuyer

DUH!. Maybe we can use the bonus to pay for the higher oil prices.


37 posted on 10/23/2017 2:16:46 PM PDT by shoff (Vote Democrat it beats thinking!)
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To: Oldeconomybuyer

Stupid idiots. A politically motivated and mandated tax is not a “market”, it’s a political scheme, attempting to do what actual science, technology and natural markets will not.


38 posted on 10/23/2017 3:26:11 PM PDT by Wuli
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To: Oldeconomybuyer

“In its zeal to undo the legacy of our 44th president, the Trump administration is now undoing the future of our children and grandchildren..”

Not this shiite again.


39 posted on 10/23/2017 3:49:56 PM PDT by JPJones (Who is FOR tariffs? George Washington, Ronald Reagan and Me.)
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To: Political Junkie Too

LOL!!! That is too funny!


40 posted on 10/23/2017 4:26:33 PM PDT by abclily
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