Paris just rolled back its carbon tax
Labor unions successfully pressured the French government to roll back Paris’ carbon tax.
Labor unions successfully pressured the French government to roll back Paris’ carbon tax.
"Do you think the carbon tax is going to reduce global temperatures?" [Laughs] "NO... It's a money transfer scheme, nothing else." Canadians loved "Climate Hustle" in Alberta, they are tired of expensive climate policies that enrich a few and do nothing meaningful for the environment. Get your copy today! Can we control world temperature through taxes, redistribution and regulations? WATCH NOW
Democratic presidential nominee Hillary Clinton is not completely opposed to a carbon tax, her campaign chair said.
The CPC budget features taxes on carbon dioxide (CO2), huge increases in green energy subsidies and new cash to enforce Environmental Protection Agency (EPA) regulations. It would add another $9.9 trillion to the national debt by 2026.
There will be CO2 trading and taxes if delegates at the UN global warming conference in Bonn get their way.
Just as the glut of oil on the world market has prompted Saudi Arabia to pump out even more oil at cheap prices (for up to 5 years, the Saudis say -- as long as it takes to crush the U.S. shale industry -- the Obama Administration wants to impose harsh new resrictions on oil and gas companies. A better recipe could not be found for decimating the U.S. economy, killing jobs, and ceding control over world oil prices and demand to the Saudis and their OPEC cronies.
President Obama may be planning to sock his fellow citizens with a global tax on carbon dioxide imposed via a United Nations agreement known as a "soft law," one that technically does not require or even solicit Senate approval. The pathway toward this Lilliputian tax -- in which small, poor nations seek to siphon off much of the wealth of the American people -- began when President George H. W. Bush signed off on Agenda 21 at the Rio Earth Summit in 1992. The assault on our liberties continues.
While many are celebrating (and others condemning) Australia's vote to repeal its carbon tax, Marita Noon points out that the country's Renewable Energy Target must also be repealed in order to reverse the 70% increase in Australian energy bills that has come from this infatuation with "Green" policies.
Watch Australian PM Tony Abbott announce the repeal of the carbon tax!
Australians threw out the government that forced the carbon tax upon them as soon as they got the chance. Who will learn from the Aussie example?
While other countries are changing course and shedding the unsustainable policies, America stands apart from them by continuing to push, as the Washington Post editorial board encourages, building “the cost of pollution into the price of energy through a simple carbon tax or other market-based mechanism.” President Obama’s nominee to chair the Federal Energy Regulatory Commission, Ron Binz, believes in regulation and incentives to force more renewables and calls natural gas a “dead end.”
President Obama believes we need to tax carbon dioxide emissions to stop catastrophic global warming. Paul Driessen, senior policy advisor for CFACT, disagrees.
From a social cost perspective, carbon taxes are, by nature, regressive, meaning that they inflict largest pain burdens upon low-income households. As Marlo Lewis observes, this presents a “Catch-22” dilemma for any Republicans. If on one hand, they offer to support a carbon tax in exchange for cuts in corporate or capital gains taxes, they will be accused of seeking to benefit the rich at the expense of the poor. On the other hand, any “carbon dividends” paid out to offset higher energy price burdens on poor households will create a new class of welfare dependents …a costly consequence for the general public that Democrats are much less inclined to worry about.