carbon tax
The GOP’s stealth carbon tax?
Republican proposals for border adjustment tax are equivalent to a carbon tax on oil
One of the leading proposals being floated by Republicans for tax reform is what is called a border adjustment tax. Put simply, it would tax corporate income on imports into the U.S. and leave income from exports tax exempt. The policy argument for it is that it would simplify tax administration for large, multinational companies …
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CONTINUE READINGA conservative proposal for a carbon tax
A promising proposal from conservative leaders, but important questions remain
An impressive lineup of senior Republican leaders has embraced a carbon tax as an approach to address climate change. The proposal is to trade away the Obama Administration Clean Power Plan and tort liability against fossil fuel companies for a $40/ton carbon tax that would increase over time. All revenues from the tax would be …
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CONTINUE READINGGary Johnson’s Hasty Retreat
He was for a carbon tax. For a few days. Until he was against it.
I posted a few weeks about Gary Johnson’s embrace of a carbon fee, which seemed like an appealing sign of new ideas. Apparently, however, stale ideas are more politically salable. As it turns out, under pressure from horrified conservatives, Johnson waved the white flag and surrendered only a few days later. Here’s his explanation: “If …
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CONTINUE READINGLibertarian Candidate Endorses a Carbon Fee
Gary Johnson has put his weight behind
In an interview in Alaska, Gary Johnson endorsed the idea of a fee on carbon emissions. Here’s what he had to say, according to E&E News: “Johnson described his “free market approach” to global warming to the Juneau Empire in an interview published this weekend. He said his plan would include a fee, “not a …
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CONTINUE READINGA Small-Government Approach to Pricing Carbon
We can impose a price on carbon without a tax or emissions trading. Here’s how.
Cap and dividend is a politically appealing idea; put a price on carbon, then refund the money to consumers in equal shares. But conservatives and libertarians object to this idea on two grounds. First, cap-and-trade systems are complex and require a lot of regulatory oversight. Second, if the government collects the money, despite its current …
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CONTINUE READINGWhy Alberta’s Carbon Tax Matters
Combating Climate Change Will Require Reversing Three-Decade Trend of Political Economy
While Americans were preparing for our Thanksgiving, in the Great White North, a major new development occurred: the NDP (i.e. Social Democratic) government in Alberta — Canada’s major energy-producing province — announced an economy-wide carbon tax starting in 2017 and a cap on emissions from oil sands. This would be an aggressive move anywhere in the …
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CONTINUE READINGCarbon Vouchers: A Small-Government Approach to Climate Action
How to limit climate change without giving the Feds enforcement powers or revenue.
What I’m going to sketch here isn’t a zero government approach. But the government’s role is very limited: federal agencies don’t do any enforcement and the government doesn’t touch any revenue from the scheme. So this approach deals with the concern that a carbon tax or something similar would either expand EPA’s ability to abuse …
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CONTINUE READINGAustralia’s repeal of its carbon tax
A lot of (bad) environmental law news has been coming out of Australia recently. The new Liberal government has attempted to dump dredging spoils on the Great Barrier Reef and open up protected Tasmanian forests to logging. But most importantly, the government has repealed the carbon tax enacted by the prior Labor government. The Australian …
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CONTINUE READINGSolar Plus Storage May Be a Good Deal for Some
One company says that photovoltaics with battery storage are cost-competitive for some businesses now.
A battery company called Coda Energy says that a combination of solar photovoltaics and onsite storage can be cost-competitive with utility electric service for some larger customers. That is according to an online article on greentechgrid. Solar is still a more expensive option for power production than fuels such as natural gas, and various energy …
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CONTINUE READINGWaxman/Whitehouse carbon tax draft
On Tuesday, Representative Waxman, Senator Whitehouse, Representaive Blumenauer and Senator Schatz released their proposal for a carbon tax bill. They are currently seeking feedback on the draft proposal, which is accordingly short on details. The Waxman/Whitehouse proposal is to require downstream emitters (mainly power plants and other emitters) to purchase annual “carbon pollution permits” per …
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