Sentences with phrase «billions on carbon taxes»

Not exact matches

In a new report released today for Sustainable Prosperity (a new research institute), Jack Mintz and Nancy Olewiler pitch a federal carbon tax constructed by broadening the base of the federal excise tax (which currently raises over $ 5 billion per year based on a tax of 10 cents per litre of gas and 4 cents -LSB-...]
However, while we are focused on helping the economy grow, the NDP wants a $ 21 billion carbon tax which would cripple our economy and put Canadians out of work.
The initiative follows on he heels of another report by Oxford academics, which last year found that levying a tax on animal products — pricing them to reflect more accurately their harmful impact — could reduce meat eating to the extent that 1 billion tonnes of carbon a year would be saved... and 500,000 lives.
Re # 43, A «collosal political jump forward» would be for the US to strip all subsidies from the fossil fuel industry, and to strip all subsidies from fossil - fuel intensive agricultural industry as well (over $ 35 billion a year), and to deliver those subsidies to solar, wind, and carbon - neutral agricultural industries — as well as instituting a hefty carbon tax on all fossil fuels, and agreeing to strict emissions caps, and mandating energy efficient technology in all areas.
He proposes spending tens of billions of dollars (a bargain, he insists, compared to the hundreds of billions that would be spent on a cap - and - trade style approach), but he doesn't say how he'd convince the United States or China to adopt the necessary carbon tax.
Imposing a carbon tax on electricity production based on the social cost of carbon could generate between $ 21 billion and $ 82 billion in revenues in 2020 and would have important effects on electricity markets.
A new report from the International Monetary Fund suggests that a carbon tax of $ 30 / ton of CO2 on offshore maritime and aviation emissions alone could generate $ 25 billion of revenue a year, while noting that national governments may have only weak claims to that revenue.
Meanwhile, CO2 reduction continues to dominate government policies, remains central for mainstream media, is used to justify wasting billions on completely unnecessary mitigation programs every year; not to mention the threat of national and international carbon taxes.
Gore used to back this, before he took on the job of managing billions of investments in carbon trading firms whose net worth depends on a complex and politically manipulable cap and trade and offset schemes rather than a simple carbon tax.
A financial transaction tax levied on all financial market transactions involving stocks, bonds, foreign exchange and derivatives could raise hundreds of billions per year, helping to fund the just transition to low - carbon economies in developing countries while also supporting public services at home.
So the Treasury will be taking # 57.4 billion in carbon taxes between 2015 and 2027, and CF want to spend 95 % of that (# 54.9 billion) on doing up poor people's houses, to save them # 200 a year on bills.
That the United Nations, most governments of the world, and all those involved in carbon trading schemes are salivating at the thought of taxing the snot out of all of us, redistributing wealth from rich to poor countries, making billions on carbon trading schemes, and having a one - world order fired up where we'll all do the United Nations bidding just makes me more suspicious about sending up one - armed satellites.
Consequently, to raise $ 100 billion in revenue from a new tax on carbon, in order to reduce labor and capital taxes by $ 100 billion, would end up causing more distortion in the economy.
A carbon tax is an even more ambitious green industrial policy than the $ 34.5 billion in loan guarantees lavished by the Department of Energy (DOE) on a few dozen renewable energy projects.
The carbon tax on industry is expected to raise $ 3 billion a year, which will be reinvested in renewable energy sectors and cover increased costs to consumers.
Australia has a carbon tax, essentially a tax on production and consumption of electricity, that cost business and consumers $ 6 billion for less than 0.1 % emissions reduction since its introduction.
On taxing carbon: His climate change plan called for a carbon tax that will «tax polluters causing the climate crisis, and return billions of dollars to working families to ensure the fossil fuel companies don't subject us to unfair rate hikes.»
The $ 2 billion carbon tax proposal, modeled on a successful tax in neighboring British Columbia, offered a carrot - and - stick approach to effect change.
Comparing the entire fossil fuel industry to the billions spent on AGW advocacy is nonsensical, not least since they actually spend more money on pro-AGW causes than anti-AGW (they don't actually care if you impose carbon taxes on their customers, that only hurts poor people).
So, for example, if a province has $ 1 billion in carbon revenue, and they've used all that revenue to cut provincial income taxes, we will transfer, on a permanent basis, $ 100 million a year.
On the current government's plan, by 2022 we are looking at approximately $ 37.5 billion in carbon revenues, whether through a cap - and - trade system or carbon tax.
(10/15/2012) Beginning next year, Norway will nearly double the carbon tax on its domestic oil industry to help set up a $ 1 billion climate change fund for programs in developing nations among other green projects.
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