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A “carbon tax” is a tax on energy. Through July 2015, over 80 percent of domestic energy consumption came from natural gas, oil, and coal. A carbon tax would impose an indirect tax on these fuels due to their carbon dioxide emissions. Below are ten reasons carbon taxes should be opposed: 1). It is a […]
WASHINGTON — Today, the American Energy Alliance issued a key-vote alert for amendment #350 to the Senate’s 2016 budget resolution. The amendment, introduced by Senator Roy Blunt (R-Mo.), would issue a point of order against any legislative proposal to tax carbon dioxide. “Senator Blunt’s amendment is a commendable effort to finally slam the door on a federal […]
Printing Hillary Clinton’s 55,000 pages of emails emitted nearly 40,000 pounds of greenhouse gases, about as much as the average American produces in one year. Clinton’s extravagant print job comes less than six months after her stump speech to national environmentalist groups about the urgent need for reduction in carbon dioxide emissions. Former Secretary of […]
Institute for Energy Research senior economist Dr. Robert Murphy published a piece today on National Review Online that debunks the conservative case for a carbon tax. The op-ed is a response to a piece written by Dr. Irwin Stelzer in which he calls on conservatives to support a carbon tax. Here’s an excerpt from Dr. Murphy’s piece: In his […]
Governor Jay Inslee has proposed a cap-and-trade program for Washington State that would function much like a carbon tax—except with less accountability. Even on its own terms, suppressing emissions at the state level makes no cost/benefit sense. As the Governor’s own analysis indicates, this is a move to plug a budget deficit. Finally, Washington State […]
Falling gasoline prices have led to heightened interest in jacking up gasoline taxes. As a CBS story put it: “If there ever was a perfect time to raise gas taxes, now would be it. Which is why it’s no surprise that federal and state lawmakers are showing new interest.” Yet there is no economic or […]
The Washington D.C. based think-tank, R Street, bills itself as a free market organization who takes a “pragmatic approach to public policy challenges” and favors “consumer choice; low, flat taxes; …and systems that rely on price signals rather than central planning.”[i] So why this group would back a terrible policy like the carbon tax, then, […]
Australia’s carbon tax was so disastrous that some of its biggest supporters are hastily distancing themselves from it — and lawmakers in the U.S. should take note. The Sydney Morning Herald reported this week that the democratic socialist Labor Party is officially bailing on support for a carbon tax. Party leader Bill Shorten announced: “We will not […]
Despite the brutal bipartisan legislative defeat in 2009 of the Waxman-Markey cap-and-trade bill, there continue to be policymakers who want to impose a carbon tax. This time, the failures of current tax incentives and proposed regulations that attempt to lower our carbon dioxide emissions and encourage renewable energy are the impetus for the imposition of […]
Irwin Stelzer has a PhD in economics from Cornell and decades of experience in academia, the financial world, and public policy. He is a frequent columnist in right-leaning outlets and was the editor of the 2004 The Neocon Reader. As such, readers may have taken Stelzer very seriously when he recently argued in The Weekly Standard that conservatives should support a carbon […]