Posted on 12/01/2015 9:36:18 AM PST by PROCON
(CNSNews.com) - At news conference in Paris on Tuesday, President Obama said "the most elegant way" to reduce carbon emissions is "to put a price on it."
He was responding to a reporter who asked Obama, "I wonder if you see any political path back home toward putting a price on carbon?"
"I have long believed that the most elegant way to drive innovation and to reduce carbon emissions is to put a price on it. This is a classic market failure," Obama replied.
"If you open up an Econ 101 textbook, it will say the market's very good about determining prices and allocating capital towards its most productive use, except there's certain externalities, there's certain things that the market just doesn't count, it doesn't price, at least not on its own. Clean air is an example; clean water -- or the converse, dirty water, dirty air.
(Excerpt) Read more at cnsnews.com ...
I like this definition of TAX = Theft of Income. Think about it, that's what it is. Didn't have it in 1910.
The fish are swimming in the streets of Miami at high tide??? Really?? Or did he just make that up???
Well, I at least wonder why why need Congress. Because if Obama really wants some sort of climate change tax, he'll just call it a regulation and then implement it.
A few folks in Congress will get upset for a few minutes. Then everyone will break for drinks at the club.
The left’s solution to every problem.
look for, an executive order and then the supreme court will declare he can do it because it;’s NOT a tax.
Politicians say, “More taxes will solve everything”....
...and the band played on....
And, every politician knew about this “new tax”.
A lying narcissistic socialist/democrat/statist uses junk science to propose a NEW TAX. what a surprise.
No statist ever met a tax he didn't like. No statists ever shrank from a lie to justify a new tax. No socialist ever presented the negative effects of a tax increase a regulatory burden increase.
To statists, the citizens exist only to serve the state (meaning them).
I really don’t see why we should continue to pay these people to destroy our country.
I think their jobs should be eliminated. All of ‘em.
Cap and trade all over again.
Excellent, it's high time the Tree of Liberty is watered......this may be the time.
IIRC, Australia’s socialist leader installed a carbon tax a few years ago and was promptly and soundly ousted in the next election, and the tax repealed.
What do you call what has happened? A Cranial Rectal Inversion?
Hopefully a President Trump or Cruz will take a look in that direction. Many of our problems today arise from the fact that DC issues directives to the states that DC has no right issuing. DC now even directs what a school in Idaho can serve for lunch. Crazy!
States are now treated like provinces of some empire. That's got to change.
It’s been awhile since we’ve seen a new Whiz add.
Let him put a $3.50/gal tax on $1.50/gal gasoline then. Do it, Obama! Show everyone how serious you are about climate change! A democrat couldn’t even get elected dogcatcher...
What is the “most elegant way” to STOP OBAMA’S FASCISM?
iThank you.
I heard this. The idiot was talking about market failure, but he was promoting deadweight loss.
This clown has to be a multi-billionaire by now, thanks to his intentionally reckless throwing of trillions to the four winds. More taxes would only serve to make him richer, and, to quote him,” At some point you have enough money.”
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