Sentences with phrase «gas tax as»

One of the troubles with viewing the gas tax as a de facto carbon tax is that the standard interpretation of the state constitution is that it requires gas tax revenues to be spent on roads.
According to an article in The Western Journal written by Michael Bastasch, Inhofe described Trump's proposed gas tax as «wishful thinking»: [65]
You are probably not going to see any elected politician suggesting a gas tax as long as gas prices are going up.
GM's Marry Barra pointed out that our planners need to think about where the future of EVs fit into the picture, ranging from charging stations to funding the infrastructure bill via a gas tax as these vehicles become more prevalent.
Pennsylvania Representative Bill Shuster, the chairman of the House Transportation and Infrastructure Committee, has encouraged his Republican colleagues to consider raising the gas tax as a way to keep the Highway Trust Fund — which funds road, bridge and transit projects — solvent after 2021.

Not exact matches

Other changes included a price cut on the company's rear wheel drive 70 kWh version of Model S, and the new offer of a «Ludicrous Speed Upgrade» for the 85 kWh, all - wheel drive Model S called the «P85D» — the company's most expensive model at $ 105,000 before tax incentives and gas savings as estimated by Tesla.
Low natural gas prices, combined with changes in the provincial tax regime, probably deserve as much credit as the worldwide economic downturn for the carnage that has subsequently ensued, with at least 40 B.C. resort and condo developments in creditor protection or receivership, according to Jurock.
Petronas acknowledged the B.C. government has «brought resolution to key policy matters,» such as establishing a tax regime for LNG firms, detailing offsets for greenhouse gas emissions and gaining support from First Nations.
While lower crude prices mean cheaper gasoline in the U.S., which should spur demand, that's not so much the case in other countries, where taxes represent a higher portion of the cost of gas (as in Europe).
In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the fossil fuel economy (in coal and onshore and offshore drilling for oil and gas) and as a result of new infrastructure projects.
As someone who likes the sea levels where they are, I find taxing greenhouse gas emissions compelling, like taxing cigarettes, which reduced smoking, extended lives, and increased revenues.
Investment in Canada's oil and gas industry is expected to fall again this year as higher taxes and regulatory uncertainty persuade investors to spend elsewhere, says the head of a group that represents Canada's oil and gas industry.
A Prius takes up just as much of the road — and causes just as much rush - hour congestion — as a gas - burner, but pays a fraction of the gas tax.
But I think it goes beyond something as simple as the gas tax
According to Hamm, he's happy assisting Trump from the sidelines, and is optimistic about America's oil and gas industry under the new administration, which he sees as less regulation happy — particularly around fracking — and less tax happy.
If a consumer is saying that their costs are going up by 4 per cent because of carbon taxes, gas prices, and so on, you have to ignore that as you do your work around trying to set an interest rate.
If that were the case, an added gas tax may not have as many negative implications at the pump as some may think.
House Speaker Paul D. Ryan of Wisconsin is among the Republicans from outside California who have contributed to the campaign to repeal the state's gas - tax increase, showing the effort has national interest from GOP leaders who see it as a way to boost their party's chances in the Golden State for this year's election.
China has cut resources tax on shale gas production by 30 percent from April 1, the Ministry of Finance said on Tuesday, as the world's largest energy consumer aims to Continue Reading
Before The Donald was sworn in as President, there was angst in downtown Calgary about the potential for Canadian oil and gas to be taxed heavily at the border as part of an anti-trade wave.
As an aside, those who believe that the province should simply «take back Translink» as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratinAs an aside, those who believe that the province should simply «take back Translink» as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratinas a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratinas it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit rating.
He has also worked as an equity analyst covering basic materials and industrial stocks, as a venture capitalist in Prague, and as a tax consultant advising on numerous M&A, real estate, and oil and gas transactions.
Alberta would still have a significant advantage over our prairie neighbours, as we have vast oil and gas deposits, low personal income tax, and no provincial sales tax.
«The loss of significant offshore oil and gas tax revenues as the North Sea runs down will have a big impact on our economy, jobs and balance of payments, with significant increases in household energy bills — and a very adverse impact on the legacy for future generations in an independent Scotland,» he told EnergyVoice.com.
«As US Senator, I will vote to repeal the Obamacare tax, to let businesses create well - paying jobs, and get our economy back on track so that New Yorkers can feed their families, fill their gas tanks, and pursue their dreams for themselves and their children.»
Since the three main Westminster political parties all endorse the conclusions of Sir Ian Wood's recent review on how to maximise the economic recovery of oil and gas from the UK Continental Shelf (Search for UKCS Maximising Recovery Review Final Report, here), and its tacit underlying fiscal premises (namely that there is a need for a simplified fiscal regime to incentivise investment and drilling activity, as well as to ease the burden upon the new regulator of the upstream sector), it does not take the gift of prophecy to appreciate that the ultimate outcome of this subsequent review on the shape of the UK fiscal regime seems foreordained; namely, a return to the situation that prevailed before the introduction of SC, whereby the only levy on income from oil and gas fields is to be Corporation Income Tax at the standard rate levied on the likes of Starbucks and Amazon.
The protestors called upon Cuomo to support 100 % clean energy as soon as possible (Hawkins supports a target date of 2030); a ban on new fracked - gas / fossil - fuel infrastructure; and a state carbon tax.
She assailed Cuomo on issues such as campaign finance reform, tax cuts for corporations and the possibility of natural gas hydrofracking, which Cuomo later banned.
A new campaign finance report reveals that some oil and gas companies that got a special tax break from the GOP tax bill donated to the House's top tax writer, even as Congress was finalizing the legislation.
The proposal includes a $ 55 gas and sales tax refund to taxpayers, and tax breaks for retired teachers, as well as the expansion of rental subsidies for seniors, housing for homeless veterans and an expansion of early childhood education.
Though Deputy Senate Majority Leader Tom Libous, R - Binghamton, didn't exactly close the door on a millionaires tax in a radio interview last week (Libous said he would be open to other sources of revenue if the high - volume version of the controversial but potential lucrative natural - gas extraction process known as hydrofracking isn't allowed) DeFrancisco said GOP lawmakers in his chamber would continue to oppose any tax increases or attempts to sustain a surcharge.
Texas: As of November 2015, state tax revenues from oil and natural gas production plummeted 48 % and 51 %, respectively, versus a year ago, according to the state comptroller of Texas.
At a news conference Tuesday, Gov. Paterson was asked about gas drilling in New York as well as the plan to tax Wall Street bonuses and the charges filed against Senate Majority Leader Pedro Espada, Jr. by Attorney General Andrew Cuomo.
President - elect Nana Addo Dankwa Akufo - Addo further pledged to reduce the tax burden on the private sector through lower corporate tax and the removal of import duties and VAT from some items while relying on revenue measures such as improving tax compliance, improving the quality of public finance administration and higher oil and gas production to finance these tax cuts.
The U.S. Chamber of Commerce will call for increasing the federal gas tax by 25 cents a gallon over the next five years to help pay for rebuilding U.S. roads and bridges as part of its push for a federal infrastructure initiative this year.
The Democratic Congressional Campaign Committee launched a digital attack advertisement on Monday claiming a Republican congressional candidate in California raised taxes and increased the costs of gas and energy in his district as an assemblyman.
For instance, he says, sales tax collected from a category listed as gas stations can be either from fuel or from convenience store items.
And that, according a just - issued report by the state comptroller, is because of the drop in gasoline prices, causing significantly less sales tax money to be collected at gas stations in Suffolk, as well as other areas of New York State.
If the anticipated growth in jobs and income in the oil and gas industry does not occur, then the desired indirect and induced economic impacts will not occur, and local and state tax revenues will not grow as hoped.
She's also been an advocate for property tax reform, she opposes high - volume hydraulic fracturing as a method of natural gas exploration and she'd like to take on corruption in Albany.
Two years ago, the annual gathering of the state political committee was marked by fireworks as some of its liberal members pushed resolutions calling for a moratorium on natural gas hydrofracking and the extension of higher income taxes.
As a result, the things the gas tax is supposed to pay for — roads, bridges, tunnels — are crumbling.
«Things such as sorting out council tax, gas company, and so on.
Fossil fuel industries collect some $ 4 billion a year in tax breaks and other aid, reports Taxpayers for Common Sense, a group of nonpartisan budget watchdogs — and that figure doesn't even take into account hidden forms of support, such as the Pentagon's jet aircraft research and development that led to efficient new natural gas turbines.
But as the 2020s progressed, meat became increasingly unaffordable as demand outstripped supply and taxes on greenhouse gas emissions...
WHILE Australia's new carbon tax, announced last week, is a step in the right direction it is unlikely to change the country's status as the largest per - capita emitter of greenhouse gases in the developed world.
With more money for development of novel designs and public financial support for construction — perhaps as part of a clean energy portfolio standard that lumps in all low - carbon energy sources, not just renewables or a carbon tax — nuclear could be one of the pillars of a three - pronged approach to cutting greenhouse gas emissions: using less energy to do more (or energy efficiency), low - carbon power, and electric cars (as long as they are charged with electricity from clean sources, not coal burning).
In response to a tax on greenhouse - gas emissions imposed by the Norwegian government, each year the company now removes about 1 million tons of CO2 captured as a waste product from the natural gas it recovers and pumps more than 99 percent of it 2,600 feet beneath the seafloor into a porous sandstone formation capped by impervious rock.
While raising gas taxes traditionally has been viewed as a political third rail, he said, «views change over time.
Results from the study showed indicated that with carbon taxes set at $ 50 per ton and increased at a rate of 5 % per year would lead to a reduction in the total greenhouse gas emission in the US by as much as 63 %, confirms Reilly.
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