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GOP senior statesmen making push for a carbon tax

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  • GOP senior statesmen making push for a carbon tax

    A group of Republican senior statesmen are pushing for a carbon tax to combat the effects of climate change, and hoping to sell their plan to the White House.

    Former Secretary of State Jim Baker is leading the effort, which also includes former Secretary of State George Shultz. In an opinion piece published Tuesday night in The Wall Street Journal, they argued "there is mounting evidence of problems with the atmosphere that are growing too compelling to ignore."
    The group will meet Wednesday with White House officials, including Vice President Mike Pence, senior adviser Jared Kushner, and Gary Cohn, director of the National Economic Council. Ivanka Trump is also expected to attend, according to a person familiar with the plans. The person was not authorized to discuss the meeting publicly and insisted on anonymity.
    Carbon taxes are designed to raise the cost of fossil fuels to bring down consumption. Baker and Shultz detailed in the opinion piece their plan for a gradually increasing carbon tax, with dividends being returned to people, as well as border adjustments for the carbon content of exports and imports and the rollback of regulations.
    According to an outline of the plan, the group will call for a gradually increasing carbon tax that "might begin at $40 a ton and increase steadily over time." It would raise $200 billion to $300 billion annually. They would then redistribute tax proceeds back to consumers on a quarterly basis in what they call "carbon dividends" that could be approximately $2,000 annually for a family of four.
    Their plan would also set "border adjustments" based on carbon, which would result in fees for products from countries without similar carbon pricing systems. And they would seek to rollback regulations enacted under Obama, including the Clean Power Plan.
    So far, Trump has sent mixed signals on whether or how he will try to slow Earth's warming temperatures and rising sea levels.
    During the transition, Trump met with prominent climate activists Al Gore and Leonardo DiCaprio. Ivanka Trump, a close adviser to her father, has indicated interest in working on the issue. But the president has also hired oil industry champions who want to reverse President Barack Obama's efforts to rein in emissions.

    The White House press office did not immediately respond to request for comment.
    Also supporting Baker's effort are Hank Paulson, treasury secretary for former President George W. Bush; Greg Mankiw, who chaired Bush's Council of Economic Advisers; and Marty Feldstein, chairman of President Ronald Reagan's Council of Economic Advisors, according to the person familiar with the plans.
    Also on the list are former Walmart chairman Rob Walton; Thomas Stephenson, a partner at the venture capital firm Sequoia Capital; and Ted Halstead, founder of New America and the Climate Leadership Council.
    The vast majority of peer-reviewed studies and climate scientists agree the planet is warming, mostly due to man-made sources. Under Obama, the U.S. has dramatically ramped up production of renewable energy from sources like solar, in part through Energy Department grants.
    Some environmental activists support a tax on emissions to help transition off fossil fuels. Sen. Bernie Sanders advocated for a carbon tax as part of his bid for the Democratic nomination last year. Hillary Clinton, the Democratic nominee, never supported a tax, though she offered a slew of proposals to deal with climate change.
    Trump's Secretary of State Rex Tillerson was the longtime chief executive officer of Exxon Mobil. Exxon was long considered a leading opponent of efforts to reduce greenhouse gas emissions from burning fossil fuels. But under Tillerson's leadership, Exxon has started planning for climate change and even voiced support for a carbon tax.
    Trump's choice to run the Environmental Protection Agency is Oklahoma Attorney General Scott Pruitt, who denies climate change science. And Trump's nominee to run the Energy Department, former Gov. Rick Perry, also has questioned climate science while working to promote coal-fired power in Texas, though he also oversaw the growth of renewable power in Texas, which became a leading wind-energy producer while he was governor.
    Carbon tax legislation is unlikely to receive a warm welcome in the GOP-controlled Congress, where Republicans were staunchly opposed to Obama's climate agenda. Last year, Republicans in the House approved symbolic measures opposing a fee on crude oil and a carbon tax on emissions.
    Explore further: US contributes $500 million to UN Green Climate Fund


    Read more at: https://phys.org/news/2017-02-gop-se...n-tax.html#jCp



    Time to start mailing your congress critter and tell them to not start a UN tax on us...
    A group of Republican senior statesmen are pushing for a carbon tax to combat the effects of climate change, and hoping to sell their plan to the White House.
    Credo quia absurdum.


    Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

  • #2
    Another bunch of tree huggers who somehow believe that America, all by itself, can change and control the climate of our entire planet.

    We have more urgent things to do, and the rest of the world doesn't really care what the planet does, but politicians do because there is a horrendous amount of money to be made off of a bogus tax like this one.
    Quis Custodiet Ipsos Custodes? Who is watching the watchers?

    Comment


    • #3
      Bad idea. There is no point in putting pressure on US companies while China pollutes with impunity. Start with the worst offenders and work your way down the list.

      All this would do is adversely impact US jobs.
      Any man can hold his place when the bands play and women throw flowers; it is when the enemy presses close and metal shears through the ranks that one can acertain which are soldiers, and which are not.

      Comment


      • #4
        Not just China, but just about every major industrial nation not located in Europe. Think Mexico cares? India and Pakistan don't, and neither does the newly emerging Far East, and Africa never did, but the UN expects to get a huge amount of money from America, as usual.
        Quis Custodiet Ipsos Custodes? Who is watching the watchers?

        Comment


        • #5
          A carbon tax would be DOA in the House...
          Don't Let "Party Elders" Fool You on Carbon Tax

          By Michael Needham
          February 09, 2017

          If the 2016 election proved anything, it’s that our nation’s best and brightest are far less capable of predicting and managing complex change than they like to tell themselves.

          [...]

          Conservatives have long opposed a carbon tax for the same reason we oppose tax increases generally: They grow government and throw a wet blanket on the economy. A carbon tax would maximize both negative effects. After an election year dominated by talk of the decline of American industry, it would strike a major blow to already weak manufacturing sector and would continue the Obama Administration’s eight-year-long assault on coal country – an assault President Trump commendably promised he would end.

          Moreover, compared to the income tax with which Americans are most familiar, it would be barely visible and therefore be easy to raise. According to press reports, the carbon tax currently being contemplated would already raise $3 trillion in ten years, and its advocates insist that even this tax would be only a starting point. Say goodbye to fiscal restraint when this kind of cash comes pouring into Washington.

          The tax’s proponents claim it will be revenue neutral, that the money generated would be returned directly to American taxpayers in the form of a rebate. Not only would this be next-to-impossible to implement as intended, it would almost certainly be subverted to other political considerations.

          [...]

          “Simply put, the carbon tax is a shell game,” writes Oren Cass of the Manhattan Institute. “The insubstantial effect on emissions gets obscured by discussions of the fiscal benefits. The negative fiscal effects get offset by claims of environmental efficacy. The tax's simplicity and practicality are touted, even as new complexity is introduced to address each flaw. The same revenues are rhetorically spent to achieve multiple ends, even as the different promises made to each constituency would be rejected by the others.”

          Conservatives, don’t let the Republican establishment fool you. Technocratic meddling is a game we lose the moment we start playing it.

          http://www.realclearpolitics.com/art...ax_133035.html
          Watts Up With That? | The world's most viewed site on global warming and climate change.

          Comment


          • #6
            One interesting insight on this issue is what it shows about mindsets. The LIBTARDs* that are pro-ACC/AGW talk about reducing emissions which means decline of industry, commerce, economy, lifestyles, etc.

            The realists will be more objective at looking at the situation and evidence for and against and then might come up with creative solutions such as this;
            QUOTE:
            ...
            If you aren’t familiar with the project, let me bring you up to speed. Houweling’s operations have been referred to as “The Future of Farming” before and this project only strengthens that reputation. Just about 75 miles south of Salt Lake City, we are building a greenhouse next to an existing natural gas power plant. Why is this significant? Well two of the most important inputs for year-round growing are heat and CO2. Both of these happen to be waste products off the stacks of the power plant. By building next to the plant and thanks to the Kubo built and Houweling’s patented Ultra Clima greenhouse system, we are able to take the wasted heat and CO2 from the power plant and divert them directly into the greenhouse. This combined with supplemental lighting will deliver fresh, tasty tomatoes 365 days a year!
            ...
            http://www.houwelings.com/blog/utah-...project-update
            The above is nearly two year old article and some of the FRP piping to channel the flue from power plant to greenhouses was made by my now former employer.
            Here's a more current article;
            http://www.ibuildamerica.com/industr...to-greenhouse/

            Leftie-loonies see a problem as another means for repression of the people and shortchange human future.
            Objectivist conservatives see "problems" as opportunites for new directions and positive growth of wealth and the human condition.

            * LIBeral(s) That Are Really Dumb = LIBTARD
            TANSTAAFL = There Ain't No Such Thing As A Free Lunch

            Comment


            • #7
              Originally posted by G David Bock View Post
              Leftie-loonies see a problem as another means for repression of the people and shortchange human future.
              Objectivist conservatives see "problems" as opportunites for new directions and positive growth of wealth and the human condition.
              This is incorrect. The Left sees government, collective action, and centralized solutions as the means to fix any problem. Taxes, laws, regulations, and obstruction are how they want to fix a problem.

              Carbon in the atmosphere? Tax producers and subsidize their chosen alternative solutions, like solar and wind. Regulate and tax businesses that produce carbon dioxide out of business. Subsidize, endlessly if necessary, businesses that produce Progressive / government approved solutions and products.

              For the Left, government is the solution to all problems and more government is a good thing because it can solve more problems. That's how they see things, even if they don't put it that way. Obama's famous "You didn't build that!" quote is a perfect example of how the Left sees economics. The economy derives from government not from individuals. That's the Leftist solution to everything.

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              • #8
                Uh guys, this is senior GOP pigs wanting their turn at the public trough. We need to tell them YOUR FIRED...
                Credo quia absurdum.


                Quantum mechanics describes nature as absurd from the point of view of common sense. And yet it fully agrees with experiment. So I hope you can accept nature as She is - absurd! - Richard Feynman

                Comment


                • #9
                  Very senior. These old Regan era fossils must have finally burnt through all that 1980s money.

                  Comment

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