Jun 22

Let’s start calling it what it is: ‘Pricing carbon’ = taxing carbon

By Editor Cap and trade, Carbon tax, Sen. John Kerry Comments Off on Let’s start calling it what it is: ‘Pricing carbon’ = taxing carbon

I just watched this video of Sen. John Kerry on MSNBC discussing his efforts at getting a cap and trade bill passed.  True to the recent trend Lurch avoids discussion of “cap and trade” and instead focuses on the phrase “putting a price on carbon” or variations thereof:


Our bill does not rely on so-called cap and trade, it’s got a very minimal, uh, mechanism in there, but it really relies on the pricing of carbon which comes by setting a target for the reduction of emissions.  That’s how you price carbon.

The term “pricing carbon” is nothing more than taxing carbon, but that’s obviously a tougher sell in this Tea Party era. Last year when “cap and trade” was the favored term by the Democrats, it was nearly universally referred to by smart aleck opponents as “cap and tax”. So why have these same folks fallen victim to the Dems linguistic trickery, and not recognized that the term “pricing carbon” is nothing more than a dishonest way to say “taxing carbon”.

Let’s start calling it what it is. It’s taxing carbon.

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May 28

Click on photo for .pdf

Click on photo for .pdf

Via Victoria Taft, the Oregon Legislature is introducing a bill to be approved by the voters that would allow the Legislature to “impose taxes on the release of carbon into the air or water or onto land“:

RED ALERT!! Oregon Democrats Toss in a Carbon Tax at the Last Minute With Hearing Slated for 8am TOMORROW

This is a Joint Resolution which would result in this going to the voters. Let’s kill it NOW while it’s in committee.
This from Todd Wynn at Cascade Policy:

This bill could amend the Oregon Constitution to allow the legislature to impose taxes on carbon emissions and then put the revenues raised into alternative energy or other ‘systems or programs’ that result in a reduction of carbon emissions.

Information on the hearing/bill:

House Joint Resolution 48

Committee on Revenue

Tomorrow(Friday at 8 am, hearing room A)

Link to the bill: http://www.leg.state.or.us/09reg/measpdf/hjr1.dir/hjr0048.intro.pdf

If the Oregon Dems are successful, I believe this would be the first carbon tax put up to the voters in the US.

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May 21

Dovetailing nicely with Bjørn Lomborg’s column, The Climate-Industrial Complex (which we posted last night), GE’s CEO, Jeff Immelt, validates Lomborg’s position.

…GE’s CEO Jeff Immelt appeared on CNBC’s “Squawk Box” May 20 to discuss the White House meeting of President Barack Obama’s 16-member Economic Recovery Advisory Board headed by former Federal Reserve chief Paul Volcker.

Immelt used his platform at CNBC to make the case for a cap-and-trade program to curb emissions – something Obama has called for and one Congressional committee is debating this week.

“There’s going to have to be a price for carbon,” Immelt said. “In some way, shape of form, you’re going to have to create some certainty. You have to make technology your friend in this debate. But we sit here today Becky, I think about things like global warming. We’ve been on this for four or five years.”

Immelt contended he wasn’t an environmentalist, despite criticism that his networks’ have patterns of promoting the green agenda. Immelt told “Squawk Box” the science surrounding man-caused global warming was “compelling” and that it was only a matter of time before something will be done about carbon emissions.

“I think the science, as a CEO I’m not an environmentalist – just purely as a CEO that has to make a payroll – things like that,” Immelt continued. “The science is compelling, so it’s a question of when and not if there’s going to be something done on carbon. Give us some certainty and let’s go.”

The General Electric CEO said he favored a cap-and-trade system to regulate carbon emissions versus a carbon tax.

“Look, I’ve said it – there’s got to be a price for carbon,” Immelt said. “I’ve come to the conclusion that cap-and-trade is the most effective way to create a market and go. There’s going to be people that argue for taxes. But, I – I just think cap-and-trade is the more practical approach. But let’s debate all that stuff, but let’s get it done.”

Austan Goolsbee, a former campaign flack now serving on the Council of Economic Advisers and staff director and chief economist of Obama’s Economic Recovery Advisory Board, joined Immelt in the CNBC segment. Goolsbee called for cooperation between the private sector and the federal government for the sake of the green agenda.

“Here’s a case where government policy with the private sector working together is the only way that it really can get done,” Goolsbee said. “And looking at it internationally too, it’s got to be done in an international context, so the U.S. isn’t the only one passing these rules. But we’ve fallen behind in this. This is a place where the government’s energy policy could be used in a way that would help American business and thus far you know, has been less so we’re trying to push that today in this meeting.”

Hat tip: Drudge

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