Sentences with phrase «emissions tax»

We just recently implemented a CO2 emissions tax on all new cars in an effort to appear to be doing something about the environment.

All countries could agree to impose a common carbon emissions tax, which would increase the price of fossil fuels in proportion to their carbon content.

Examples include a carbon tax to combat climate change, fuel taxes to limit congestion and oil dependence, and vehicle / plant emissions taxes to improve air quality.

One possible disposition of revenues from emission taxes would be to reduce other taxes, such as the income tax or the payroll tax.

Yates said it could include those wind farms that came on line and qualified for the zero emissions tax credit as of July 1, 2017.

Nations wishing to make major progress on decreasing greenhouse gas emissions should introduce emission taxes on all products.

It's also worth noting that the Waxman - Markey bill, a cap - and - trade setup for greenhouse gases that starts by giving out many licenses to industry but puts up a growing number for auction in later years, was actually passed by the House of Representatives last year; it's hard to imagine a broad - based emissions tax doing the same for many years.

You'll also have to pay $ 895 for destination charges, and if you live in California, a $ 100 emissions tax just to sign on the dotted line — and that's before about $ 11,000 in safety and tech options that our example was equipped with, including the previously mentioned packages.

3) The third point, about emissions taxes or caps imposing heavy costs for no climate benefit, presumes that such limits won't spur innovation, efficiency and a shift to lower - emitting energy sources.

Norway charges 45 euros per ton of CO2 emission taxes thus making it profitable to inject than to emit and this has resulted in thousands of tons of CO2 already injected into a saline formation under sea level in Sleipner in Norway since 1996.

To address GHG emissions, a policy that promotes renewable energy production is quite distantly connected to the goal of reducing GHG emissions — this is a key reason why most economists (myself and I assume you included) see it as a distant second best policy, only good when emission taxes are not available for political or other reasons.

Walls, M., and Hanson, J. (1999) Distributional Aspects of an Environmental Tax Shift: the Case of Motor Vehicle Emissions Taxes.

The most efficient carbon price is almost certainly a pure carbon emissions tax applied on all emissions in the economy, with revenue recycled through reductions in the most distortionary taxes in the economy — the so - called double dividend.

He said his effort is more aimed at stopping carbon dioxide emission taxes and limits from Congress, something he believes won't happen during the Bush administration.

Mockingly referred to as «corporate welfare» and a «scam» by some Oklahoma House members, the zero - emissions tax credit already is... Complete story»

There is no reason to believe that it would be — indeed, there is no reason to believe that a broad - based emissions tax would make it through Congress.

Deregulate power generation market with the imposed CO2 emissions tax.

London recently instituted an emissions tax on cars entering the city, dramatically affecting traffic in some areas, but electric Smarts don't spew pollutants.

The similarly powerful BMW 335i emits only 169 g of CO2 per kilometer, and as any new - car buyer knows, that makes a huge difference on the CO2 emissions tax.

Obviously, there are lots of practical problems with this, so other potential policies, in order of how directly they address the issue, are an ambient concentrations tax (also practically problematic) and an emissions tax.

In an effort to encourage economic growth, the state has long offered wind farms operational by July 2017 an incentive, known as zero - emission tax credits, for the first 10 years of a farm's operation.

The Oklahoma House voted 51 - 46 Wednesday to kill the refundable aspect of the zero emissions tax credit.

The bill, presented by Sen. Marty Quinn, R - Claremore, would have ended the refundability of zero - emission tax credits.

Because virtually all of the carbon in fossil fuels is ultimately emitted as CO2, a ► carbon tax is equivalent to an emission tax on each unit of CO2 - equivalent emissions.

But a year later Cooper pronounced it «bound to fail» and proposed a «common carbon emissions tax,» and Nordhaus called it a «dead duck,» and proposed a «harmonized carbon tax.»

Each country would be free to dispose of the emission tax revenues as it judged best.

Authored by Rep. Dennis Casey, a former educator and rancher from Morrison, his «Oklahoma Wind Energy Policy Review Act of 2018» would create a $ 10 million cap on the zero emissions tax credit received by any wind generation company.

Mockingly referred to as «corporate welfare» and a «scam» by some Oklahoma House members, the zero - emissions tax credit already is scheduled to be phased out over the next 10 years.

«If you look back at projects that came on line in the past 3 or 4 years, those all qualified for the zero emissions tax credit.

That proposal — House Bill 3716 — is similar to SB 888 in that it would end the refundable feature of zero emissions tax credits.

Senate Bill 888 would not abolish zero emission tax credits, but would make them no longer refundable.

A new proposal surfaced in the Legislature Friday that might make ending the refundable feature of the zero emission tax credits somewhat more palatable to companies that have invested in Oklahoma wind farms.

The zero - emissions tax credit initially was approved by the Democrat - controlled 2001 Legislature as an incentive to attract the then - fledgling wind and solar energy industries to locate in Oklahoma.

Senate Bill 1035, authored Senate Pro Tem President Mike Schulz of Altus, would create a $ 5 million cap on the zero emissions tax credits beginning in 2019.

Records obtained from the Oklahoma Tax Commission show that of the $ 73,930,707 zero emissions tax credits issued in 2016, only $ 3,638,692 was used to offset any tax liability.

«Because the tax credits weren't limited or capped, the zero emissions tax credit has warped into a scam costing taxpayers millions to the detriment of other publicly funded services,» Keating said in his column.