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ExxonMobil Lobbies for Carbon Tax Credit
2016-07-01 14:22:00| Climate Ark Climate Change & Global Warming Newsfeed
HybridCars: ExxonMobil is lobbying for a carbon tax credit in Washington, which would support its natural gas division and could deflect investigations into its climate change scandal. Calling for the federal government to enact a revenue-neutral tax on carbon would encourage carbon producers like oil companies and power plants to shift to energy sources that emit less carbon. Carbon taxes would make coal more expensive, raising electricity rates and driving demand for cleaner energy. Fueling power plants...
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South Africa: Treasury calls for carbon tax comment
2016-06-21 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Day: THE Treasury is asking for public comment by July 29 on draft regulations published at the weekend, detailing how companies can offset their liability for a carbon tax that will be introduced in 2017. Carbon tax puts a price on the emission of greenhouse gases to encourage companies to save energy or switch to more environmentally friendly fuels. It is expected to hit local businesses hard as 90% of SAs electricity comes from Eskoms coal-fired power stations. The Treasury is proposing that...
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US Carbon Tax Close To Inevitable, Conservative Leader Proclaims
2016-06-10 16:25:00| Climate Ark Climate Change & Global Warming Newsfeed
Clean Technica: Not working to stop global warming is one of the most disgraceful, horrible things a policymaker can do. It demonstrates a complete lack of morals - unless the policymaker is simply ignorant, but that is very barely a legitimate excuse these days, given that the opinions of thousands of climate scientists are almost 100% that humans are causing unprecedented global warming that could destroy society. Starting from ABC, the question for some may remain "Why is the Republican Party still opposing...
Exxon Supports A Carbon Tax Except When There Is A Vote On A Carbon Tax
2016-06-10 15:24:00| Climate Ark Climate Change & Global Warming Newsfeed
Huffington Post: ExxonMobil has long maintained that it supports a carbon tax in the United States. For instance, here's Suzanne McCarron, ExxonMobil vice president of public and government affairs, in the Los Angeles Times on Mar. 14: "When governments are considering policy options, ExxonMobil believes a revenue-neutral carbon tax is the most effective way to manage carbon emissions." Here's Exxon's CEO Rex Tillerson at last month's shareholder meeting: "Our valuation of those [policy] alternatives suggests...
Obama climate plan delayed, Trump slams carbon tax rumour
2016-05-17 15:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Hopes US president Barack Obamas climate plan could be enforced before he leaves office are fading fast after a court delayed legal arguments for three months. Such is the importance of the case, the District of Columbia appeals court determined it needed to be assessed by a full panel of 11, rather than the allotted three, judges. Legal arguments over the Clean Power Plan will now be heard on 27 September rather than 2 June. US legal experts say whatever the outcome, the Supreme Court is...
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