May 10, 2013
While I admire advocacy for untangling the country's tax code, The Post's mash-up of tax reform, tax revenue and the carbon tax is problematic [" Tax reform on the table ," editorial, May 8]. The Post rightly acknowledged that, under a carbon tax, "polluters pay for their own pollution" and emissions fall, but it forgot the intent: creating a less carbon-intense economy. Overreliance on gasoline taxes and increased automobile fuel efficiency have put a pothole in state transportation budgets.
January 1, 2013
The Dec. 31 editorial " California's climate-change experiment " did a good job highlighting some of the pitfalls of California's cap-and-trade law. Another core problem with that law is that, while the cap on greenhouse gas emissions is fixed, the price for those emissions is not. Without a predictable price signal, the private market will not invest in the innovative solutions that would effectively slash the use of fossil fuels. A better approach would be to impose a defined carbon tax on the fossil-fuel suppliers, with a set annual...
October 2, 2009 |
GOTEBORG, Sweden -- Sweden urged other European nations on Friday to follow its lead in linking new taxes to greenhouse gas emissions as governments seek additional sources of income in the wake of the financial crisis. Denmark, Finland and Slovenia already have taxes on household carbon emissions that can add costs to heating and electricity use. France is planning to plug part of its swelling budget gap with a new carbon tax that could bring in an extra euro1.5 billion next year.
November 9, 2012 |
Here's a riddle: If Congress doesn't want to raise income tax rates but wants to raise revenue, what can it do? One answer: Pass a carbon tax. A relatively moderate-sized carbon tax could raise $1.25 trillion over the next decade, a huge chunk of the money needed to bring the federal budget deficit under control. And the idea is getting a closer look now that the election is over and the "fiscal cliff" is looming. Because it would tax fossil fuel use, the carbon tax pleases...
March 30, 2013 |
CONSUMERS AREN'T paying nearly enough for their energy, and that's a massive problem for the planet. Big Middle Eastern oil exporters hold the price of gasoline within their countries well below what it should be. Ukraine does the same with natural gas. In sub-Saharan Africa, electricity prices are artificially lowered. The United States isn't the worst actor — but it, too, is far from clean. In the most thorough accounting yet of what people pay for their electricity, petroleum, natural gas and coal, the International...
March 4, 2013 |
PRESIDENT OBAMA began his second term with a promise to push harder on energy and climate change. The events of the past week remind us that he won't have to contend just with Republicans and coal-state Democrats determined to oppose reasonable measures to combat global warming. He will also have to sidestep environmentalists demanding that he fight the wrong battles. Last Friday, the State Department released a new draft analysis of the Keystone XL oil pipeline , opposition to which has become a...