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Its time to talk about taxing oil

2016-02-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: By the standards of the old adage politics is the art of the possible President Obamas proposal to levy a $10 per barrel fee on oil production and imports is not very politic. But it is very good policy. The White House said on Thursday that it had included the fee in its budget proposal to Congress. The administration would use the $32 billion the tax would raise to invest in mass transit, high-speed rail and research into clean energy and self-driving cars. Of course, the Republicans who...

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