Reuters’s environment correspondent Alister Doyle provides even more fodder for why a carbon (energy) tax or the Environmental Protection Agency’s (EPA) regulation of greenhouse gas emissions is economically and environmentally foolish. Doyle writes: Scientists are struggling to explain a slowdown in climate change that has exposed gaps in their understanding …
“This is the most effective and efficient way to drive innovation to find better, less-polluting ways of producing power, goods and services,” Australian Treasurer Wayne Swan said at the passage of Australia’s carbon tax in July 2012. One wonders if he would say the same today—or, perhaps more importantly, if …
Members of Congress—who are about to debate raising the debt ceiling tomorrow—should have paid attention yesterday. The President was very clear that he sees no urgency about reducing the debt and cutting the deficit. In fact, in his second inaugural address, President Barack Obama was honest about his intentions to …
Two days ago, the 18th United Nations conference on climate change wrapped up. As they did at the previous 17 conferences, developing nations demanded that the United States and other developed countries pay them for the climate’s effects. In short, the joke’s on us. And these U.N. conferences are becoming …
Hopefully, one half-baked idea will be off the fiscal cliff negotiating table: a carbon tax. While it seems that both Democrats and Republicans are becoming more creative in ways to raise revenue (rather than directly address the underlying problems of the fiscal cliff), two proposed bipartisan resolutions would publicly and …
President Obama recently signed legislation that prevents the European Union (EU) from taxing U.S. airline emissions for planes that travel to and from EU countries. Although the EU announced it would delay the tax from its broader cap-and-trade-like system for a year, the new law protects U.S. airlines from the …
