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Is a Carbon Tax a Good Idea? Just Ask British Columbia

2014-03-26 20:06:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateDesk: In the US context, the idea of putting a tax on carbon is going nowhere fast. While the policy has been championed by liberal legislators and by a few conservative apostates, like former South Carolina Rep. Bob Inglis, mainstream Republican sentiment remains opposed to climate action. For the moment, many lawmakers remain too busy denying the reality of human-caused climate change. Cross our northwestern border, though, and a carbon tax isn`t just an idea, it`s a reality. Five years ago, the Canadian...

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British Columbia Enacted "Most Significant Carbon Tax in the Western Hemisphere"

2014-03-26 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mother Jones: Suppose that you live in Vancouver and you drive a car to work. Naturally, you have to get gas regularly. When you stop at the pump, you may see a notice like the one above, explaining that part of the price you're paying is, in effect, due to the cost of carbon. That's because in 2008, the government of British Columbia decided to impose a tax on greenhouse gas emissions from fossil fuels, enacting what has been called "the most significant carbon tax in the Western Hemisphere by far." A carbon...

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United Kingdom: Osborne expected to freeze controversial carbon tax in Budget

2014-03-16 16:50:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The Chancellor will reignite the row over green taxes on energy bills this week when he is expected to curb to his controversial carbon tax -- easing consumer bills but infuriating green groups. Critics of the "carbon price floor', which increases the costs of burning fossil fuels, say it is a pointless "stealth' tax that will increase the risk of blackouts by forcing coal plants to switch off before new power plants are ready to replace them. The tax will push up UK electricity prices, leading...

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Denbury Resources fights tax on carbon dioxide extraction

2014-02-25 01:35:44| Oil & Gas - Topix.net

Denbury Resources is fighting an attempt to tax carbon dioxide drilled from underground deposits in Mississippi, another in a series of efforts to penalize the oil producer for shipping carbon dioxide out of state instead of using it in Mississippi.

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Denbury fights tax on carbon dioxide extraction

2014-02-25 00:16:00| Energy - Topix.net

Denbury Resources is fighting an attempt to tax carbon dioxide drilled from underground deposits in Mississippi, another in a series of efforts to penalize the oil producer for shipping carbon dioxide out of state instead of using it in Mississippi.

Tags: tax carbon extraction dioxide

 

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