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Obama proposes $10.25 per barrel oil tax
2016-02-09 20:25:56| BBC News | Business | UK Edition
President Obama releases his final budget proposal, which includes a $10.25 per barrel tax on oil.
Obama to Propose Oil Tax to Fund Clean Transportation
2016-02-04 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: President Barack Obama wants oil companies to pay a $10 tax for every barrel of oil to help fund investments in clean transportation. Obama will formalize the proposal Tuesday when he releases his final budget request to Congress. The $10-per-barrel fee is expected to be dead-on-arrival among Republicans who control Congress and oppose new taxes and Obama's energy policies. Still, the White House hopes the proposal will drive a debate about the need to get energy producers to help fund efforts...
Tags: tax
clean
oil
transportation
How Obama let big oil drill in the pristine Alaska wilderness
2015-12-21 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Politico: From his seat in the small plane flying over the largest remaining swath of American wilderness, Bruce Babbitt thought he could envision the legacy of one of his proudest achievements as Interior secretary in the Clinton administration. Babbitt was returning in the summer of 2013 from four sunlit nights in Alaska's western Arctic, where at one point his camp was nearly overrun by a herd of caribou that split around the tents at the last minute. Now, below him, Babbitt saw an oil field-one carefully...
Citing Climate Change Obama Rejects Construction Keystone XL Oil Pipeline
2015-11-07 02:08:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: President Obama announced on Friday that he had rejected the request from a Canadian company to build the Keystone XL oil pipeline, ending a seven-year review that had become a symbol of the debate over his climate policies. Mr. Obamas denial of the proposed 1,179-mile pipeline, which would have carried 800,000 barrels a day of carbon-heavy petroleum from the Canadian oil sands to the Gulf Coast, comes as he seeks to build an ambitious legacy on climate change. America is now a global leader...
Tags: change
construction
oil
climate
Obama rejects Keystone XL oil pipeline
2015-11-06 20:15:00| Climate Ark Climate Change & Global Warming Newsfeed
Mother Nature Network: After seven years of debate, the Keystone XL pipeline saga may finally be over. President Obama announced Friday that he has rejected the proposal, arguing not only that it wouldn't be in the country's best interest, but that it would get in the way of U.S. efforts to rally global support in the struggle against climate change. "America is now a global leader when it comes to taking serious action to fight climate change, and frankly approving this project would have undercut that leadership,"...
Tags: oil
pipeline
rejects
obama