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Tag: carbon tax
Democrats circulate carbon tax bill
2013-03-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
The Hill: A bicameral group of Democrats floated draft legislation Tuesday that would impose a per-ton fee on carbon emissions from the nations largest polluters, such as electricity generators and petroleum refineries. For far too long, carbon polluters have pushed the true cost of their pollution onto the American people in the form of dirty air, acidified water, and a changing climate, said Sen. Sheldon Whitehouse (D-R.I.), who is spearheading the effort with House Energy and Commerce ranking member...
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Lawmakers Release Carbon Emissions Tax Plan
2013-03-13 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Almost exactly four years after unveiling his doomed cap-and-trade proposal to deal with global warming, Representative Henry Waxman, Democrat of California, released a new plan on Tuesday to address climate change and federal budget woes: a tax on carbon emissions. Mr. Waxman, joined by Representative Earl Blumenauer, Democrat of Oregon, and Senators Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii, both Democrats, distributed a relatively simple proposal to impose a fee on greenhouse...
Carbon tax: A win-win for the economy and the environment
2013-03-12 16:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Christian Science Monitor: Looking for a way to improve the operation of the economy, lower our dependence on foreign oil, reduce pollution, slow global warming, cut government spending, and decrease the long-term budget deficit? Then you should support a carbon tax, which could help the nation address all these issues simultaneously. A new paper Ive written with Samuel Brown and Fernando Saltiel, Carbon Taxes as Part of the Fiscal Solution, argues the tax would even be a good idea if we didnt have a budget problem. Although...
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China delays carbon tax
2013-03-07 23:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Mongabay: China will not introduce a carbon tax in 2013, reports Bloomberg. A carbon tax proposed under the country's most recent five-year plan was expected to go into effect in 2011, but Jia Kang, the head of research at China's Ministry of Finance, said the tax will not be introduced this year. The carbon tax is intended to reduce China's greenhouse gas emissions, which are the highest in the world and have been outpacing the country's breakneck speed of economic growth. Public awareness of emissions...
China Backing Away From Carbon Tax Start in 2013, Official Says
2013-03-06 02:50:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: China will wait until after this year to introduce a tax on carbon, deferring to concern that economic growth might suffer, a government researcher said. The nation eventually expects to introduce a levy of 5 yuan to 10 yuan (80 cents to $1.61) per ton of carbon, Jia Kang, head of research at the Ministry of Finance, said in Beijing yesterday. The tax, proposed in Chinas latest five-year plan, was intended to apply to carbon emissions from fossil fuels, KPMG International said in a May 2011 report....
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