Posted on 06/17/2022 9:37:29 PM PDT by MinorityRepublican
There is no more effective way for President Biden to meet his aggressive climate goals than a carbon tax. The timing seems ripe: his Treasury Secretary, Janet Yellen, has been a prominent advocate. Big business has flipped from opponent to proponent. Republican opposition is no longer monolithic.
But a carbon tax lacks support where it matters most: with Mr. Biden and the Democratic base. Progressive Democrats claim a carbon tax and its close cousin, cap-and-trade, are unfair to the poor and racial minorities. And a carbon tax appears to conflict with Mr. Biden’s promise not to raise taxes on any household earning less than $400,000 a year.
So as Mr. Biden prepares a regulatory and infrastructure package aimed at driving net greenhouse gas emissions to zero in electricity by 2035 and the entire economy by 2050, he is fighting with one hand tied behind his back.
A carbon price incentivizes consumers, producers and investors to substitute low- or no-carbon energy technology for fossil fuels more smoothly and cheaply than subsidies and rules. This has long been self-evident to economists, including Ms. Yellen. She is a founding member of the Climate Leadership Council, a bipartisan group that has put forward a detailed plan for a carbon tax starting at $43 per ton with proceeds rebated to households as a “carbon dividend.”
(Excerpt) Read more at wsj.com ...
We need a politician tax! 1000 percent Ottawa due!
We need a politician tax! 1000 percent Otta due!
Due to the abject poverty that a carbon phase out will cause in countries implementing it, as it means the end of fossil fuel usage, it is CRITICAL that other countries not be permitted to sell their carbon-based fuels around the world, as Americans and Europeans will not be very happy to see present-day Third World countries like Mexico and Egypt quickly surpass our standard of living.
Hence the need for regime change in Russia, in particular, due to their tremendous resources.
France derives about 70% of its electricity from nuclear energy, due to a long-standing policy based on energy security. Government policy, set under a former administration in 2014, aimed to reduce nuclear’s share of electricity generation to 50% by 2025. This target was delayed in 2019 to 2035.
France is the only EU country that makes sense when it comes to their carbon phase out. Germany got rid of their nuclear power plants. Great timing.
“France is the only EU country that makes sense when it comes to their carbon phase out. Germany got rid of their nuclear power plants. Great timing.”
I heard the French plants were running at 50% recently, due to maintenance issues, but can normally supply 70%. And yes, they too were in the process of answering to the Globalists and starting to dismantle them. Germans are ABSOLUTE IDIOTS.
Nuclear produces zero greenhouse gases, yet the enviro extremists fight against nuclear.
GREEN ENERGY CHICKENS COMING HOME TO ROOST. PUTTING THE LIE TO THE GREEN SCAM!
https://www.frontpagemag.com/fpm/2022/06/green-energy-chickens-coming-home-roost-bruce-thornton/
Better yet how about 100% tax on all political donations
I thought at first it said Climate, Texas. I wondered where the heck that was.
Carbon tax made some sense when we were merely trying to reduce the use of carbon-based fuel a little.
It makes no sense when the target is zero carbon-based fuel.
A small tax on carbon-based fuel, when there’s A LOT, generates meaningful revenue. This revenue can be used for new programs, even to subsidize wind and solar, or to reduce other taxes. (I favored the later.)
BUT the tax on carbon-based fuel generates no revenue when the goal is zero use of carbon-based fuel. (This is a general rule in economics, and is called the Laffer Curve. A small tax generates lots of revenue, but a bog tax generates little or no revenue.)
GIVEN the goal of zero, actually, net zero emissions, the strategy should be something like growing trees. Growing trees will pull CO2 out of the atmosphere, offsetting the emission of CO2 from the burning of carbon-based fuel, getting us to net zero.
If a carbon tax is for the purpose of, e.g., irrigating deserts and semi-arid regions so as to promote the growth of tress, then a tax of maybe 25 cents per gallon of gasoline would do the job.
We wouldn’t need any subsidies for wind or solar. Plus, we could get America’s energy sector back to work.
Trees.
Remember, Trump committed us to the Trillion Tree March. This commitment, if fulfilled, would totally eliminate all human-emitted CO2 since the industrial revolution got underway.
Trump had climate change right.
There is a carbon tax in place. It’s in refineries having to buy RIN’s -— carbon credits. I read recently it adds about $1 to a gallon of gas.
Makes no sense since China will keep on polluting the world as fast as countries reduce their carbon.
“Makes no sense since China will keep on polluting the world as fast as countries reduce their carbon.”
You should explain why China’s rate of polluting is a function of how fast other countries reduce their carbon.
She thinks Americans shouldn't be free to drive their ICE vehicles as they please.
We are subjects to the state.
Our telephone has broken down three times in the past couple of months. The AT&T guy called me from a pole he was up on, trying to get me a line that worked. He told me that AT&T was going to shut our lines down because there are only 7 0r 8 people using a land line out there where we live. Lines are 40-50 years old, falling apart, and AT&T ain't gonna pay $2 billion to put them back up for only a few lines. Everyone is on cells, etc. now, so they will just tear them all down. Only reason I have the danged thing is for our home security service. So I called the security guy and he came out the next day and put up this gadget inside my house that makes my home protection now act like just another cell phone. It will send a message to them on cell service. He put it in, we checked it out, worked great, so now no need for AT&T, so I called and shut down the account. They tried everything to get me to take cell, home protection, you name it, to stay. I said bye. Don't need you anymore. It is your own fault that I am leaving, so bye.
Now it’s back.
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