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Posts Tagged ‘Carbon Tax’
May 10th, 2022 at 9:46 am
Image of the Day: Taxpayers Really Fuel EV Programs
Posted by Print

We recently sounded the alarm on how the Biden Administration, political left and crony capitalist big business interests are coalescing on an idea almost too bizarre to be real:  heaping new carbon taxes on traditional energy sources in order to “reduce energy costs.”  We subsequently illustrated one of the main reasons for that novel ploy:  so-called “green” energy sources are non-competitive without government intervention to artificially make more efficient fossil fuel sources more costly.  Courtesy of economist Stephen Moore, we have another biting illustration of that dynamic:

Taxpayers Power

Taxpayers Power “Green” EV Initiatives

 

There’s nothing wrong with electric vehicles, and in fact they offer a promising future technology.  But that should occur via market forces and consumer choice, not artificial government costs and subsidies paid by strapped taxpayers.

April 29th, 2022 at 9:30 am
Image of the Day: High Cost of “Green” Energy Explains Leftist Calls for Carbon Tax
Posted by Print

In our Liberty Update this week, CFIF highlights a bizarre new crony capitalist idea to introduce a carbon tax that some entrenched interests in Washington, D.C., have begun to advocate.  Even more bizarrely, they sell their proposal to begin taxing energy as a way to reduce energy costs.  You can’t make this up.

Courtesy of economist Stephen Moore, we have an illustration that helps explain their motivation.  Namely, “green” energy is far more expensive than more efficient fuel sources.  Accordingly, they need to tax those more efficient fuel sources in order to make their “green” energy boondoggles more acceptable by comparison:

Why Climate Activists Want a New Carbon Tax

Why Climate Extremists Want a New Carbon Tax

March 10th, 2014 at 4:33 pm
California Lawmakers Agree to Raise Gas Prices 40 Cents-Per-Gallon

With California’s tax policy, the only certainty is that consumers will lose money.

The latest example is the growing fight over whether to include fuel distributors in the Golden State’s controversial global warming regulatory scheme. Doing so would subject them to the same cap-and-trade system applied to industrial facilities, and could add between 12 – 40 cents-per-gallon to fuel purchases within the next year. The leading alternative would opt for a flat 15 cent-per-gallon carbon tax, which grows to 40 cents by 2029.

In short, California lawmakers have agreed that gas should cost an additional 40 cents-per-gallon. They’re just torn over how long to wait before imposing it on taxpayers.

This is what passes for deliberation in a state dominated by tax-and-spend liberals.

No wonder the middle class is fleeing in droves.

November 21st, 2013 at 12:01 pm
Google’s Green Hypocrisy Pollutes the Environment, Costs Taxpayers

Google likes to promote itself as a green, environmentally conscious company. After all, the company stays busy lobbying for carbon tax and cap-and-trade schemes, encouraging government to shutter coal plants and building solar farms. In reality, however, as I point out in a piece featured today on The Blaze, Google is far from green.

The company’s executives control a fleet of private jets that they use to gallivant to vacation spots around the globe – burning an average of 100,000 gallons of fuel every month. The supposedly environmentally conscious company’s jets have emitted more than 100 million pounds of carbon dioxide over the last four years alone.

What’s worse is that you are helping to fund Google’s green hypocrisy. Google, thanks in part to its hefty campaign donations and cozy relationships with federal lawmakers and the Obama Administration, gets to park its jets in a taxpayer-funded NASA hangar and purchase its jet fuel at below-market prices from NASA and the Department of Defense. Google officials spent an estimated $29 million on jet fuel at the facility, roughly $10 million less than what they would have paid on the open market.

Read the entire story here.