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Financial Times (February 14)

2020/ 02/ 16 by jd in Global News

The Climate Leadership Council relaunched a carbon tax initiative “with support from ten energy companies (including BP), JPMorgan, Goldman Sachs and MetLife. “If nothing else, this shows the pressure that Wall Street leaders feel on the issue from investors and their own employees.” It could also mark an important shift where “the concept might gain traction with Republicans.”

 

Wall Street Journal (December 4)

2018/ 12/ 05 by jd in Global News

“A carbon tax is in theory a more efficient way than regulation to reduce carbon emissions. But after decades of global conferences, forests of reports, dire television documentaries, celebrity appeals, school-curriculum overhauls and media bludgeoning, voters don’t believe that climate change justifies policies that would raise their cost of living and hurt the economy.”

 

New York Times (July 17)

2014/ 07/ 17 by jd in Global News

Australia became the first country to repeal a carbon tax, and “opposition politicians and environmentalists in Australia reacted with dismay…saying that it made Australia the first country to reverse progress on fighting climate change.”

 

Chicago Tribune (February 27, 2014)

2014/ 03/ 01 by jd in Global News

“Even if climate change turns out to be overblown, there’s no real downside in a carbon tax. We merely would have traded a tax that reduces good things, such as work and investment, for a tax that reduces bad things, such as environmental harms and hazards. If done in a revenue-neutral way, it would more likely speed economic growth than slow it.”

 

Washington Post (November 18, 2013)

2013/ 11/ 19 by jd in Global News

Little is definitively known about global warming, but it would be wise to take pragmatic measures. “Putting a price on carbon—through a tax on oil, coal and natural gas—that reflects global warming’s costs… would promote energy efficiency and favor renewables.” But how would one determine the size of that carbon tax? “We don’t know global warming’s full effects…. But we do know the size of the budget deficit, and we do know that revenue from a carbon tax might help finance a simplification of the income tax. By addressing multiple problems, an admittedly unpopular carbon tax might command broader support.”

 

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