…Congress Introduces Carbon Tax… Rep. Theodore Deutch, (D-FL) introduced H.R.7173: Energy Innovation and Carbon Dividend Act of 2018. “This bill amends the Internal Revenue Code to impose a fee on the carbon content of fuels, including crude oil, natural gas, Continue reading Congress Introduces Carbon Tax
At first blush, it’s the corporation, i.e, the utility generating electricity, the refinery producing gasoline, the natural gas driller, the car manufacturer, or whichever corporation is legally responsible for paying the carbon tax. The Energy Information Administration (EIA) for example, Continue reading Who Pays the Carbon Tax?
Exxon recently began to aggressively support a carbon tax. Admittedly, Exxon has been the target of radical environmentalists, and even of state AGs who have subpoenaed Exxon while accusing it of fraud. Exxon’s motive in promoting a carbon tax may Continue reading Corporate Cowards Hang Separately
Computers are a major, if not crucial tool, used by the International Panel on Climate Change (IPCC) to predict global warming and climate change from CO2. But how accurate are these computer models? The IPCC has gone so far as Continue reading Betting Your Future on Computer Models
All US nuclear power plants are likely to be shut down by 2100, thereby eliminating so-called “carbon free” electricity that must be replaced by electricity from some other type of power generation. There were 104 nuclear power plants operating in Continue reading Would a Carbon Tax Save Nuclear?
In his New York Times op-ed, Friedman calls for the imposition of a carbon tax1. Not only is this a terrible idea, but it’s totally unnecessary. At $25 per ton, it could, according to Friedman, raise around $1 trillion over Continue reading Carbon Tax Folly