An effective carbon tax has already been imposed on the global
public by the oil price rise, which of course increases the price of things which have to be moved around — ie.
Not exact matches
With weak
oil prices and international sanctions crushing Russia's economy, «Putin has little else to offer to the
public besides the classic narratives of Russia as a besieged fortress surrounded
by enemies,» Borschevskaya said.
He was the rare apparatchik whose name wasn't only known but reviled
by members of the
public, thanks to his involvement in crafting the National Energy Program, imposing
price caps and taxes on
oil.
Other risks mentioned
by the Report include fluctuations of interest rate and exchange rate; instable
oil and commodity
prices; deepening credit crisis; raising Sino - Canada trade friction; unfamiliar investment restrictions, laws and policies; crime and
public safety, etc..
Rather than follow a disastrous road taken
by some of her predecessors, and slash funding to government services while the
price of
oil is low, the NDP government is taking an opportunity to invest in much needed
public infrastructure when the economy is slow and the
price is right.
I also want to address a core argument made
by proponents of the Trans Mountain pipeline, namely, that Alberta and Canada need more access to «tidewater» in order to capture a higher international
price for
oil, and thus increase
public returns.
(i) Unable to restore the power in a few states for more than 10 + days, since a tornado passed
by it (ii) Unable to restore power for 7 + days in a snowy North Eastern state, since a hurricane passed
by it (iii) Having no quality in science, math and technology; depending on «imports» to uplift them (or depending on Jesus to save them)(iv) Horrible crime in downtown, ghettos of any major city (v) Unemployment of 23 % (vi) Having a president who believes that the earth is 6000 years old (vii) Having a presidential candidate which believes in subjugating women (viii) Having more than 50 % of its 2012 graduates un / under - employed (ix) No
public transport, resulting in hell on earth even for a small rise in crude -
oil prices (x) A crappy health care system (xi) A debt of 14Trillion, which corresponds to 50K per US resident.
The problem with this concept is that even if
oil and gas
prices are likely to increase in the future, thus increasing federal revenues from
oil and gas leases on
public lands, any such revenue coming from areas already open to production will be considered
by CBO as already included in the baseline revenue picture.
What's required, energy experts agree, is not just a
price for carbon, but also massive
public investments to deploy clean energy technologies so we can achieve the performance and
price breakthroughs needed for these new technologies to be picked up worldwide, including in places like China and India whose development is being fueled
by cheap coal and
oil.
Put another way, Congress could raise all of the funds needed to support long - term investments in this Energy Security Trust
by increasing royalties paid for producing
oil and gas from
public lands and waters
by an amount less than the typical daily fluctuations of
oil and gas commodity
prices.
By contrast, the proposed carbon
price in Washington, DC would apply to natural gas and
oil consumed in the District as well as carbon - intensive electricity and emissions linked to transportation (exempting
public transit).
The up - front investments are expensive, but savings will begin to exceed those costs
by 2040, and even sooner if
oil prices rise faster than expected, or if we factor in the costs of climate change and the impact of burning fossil fuels on
public health.
This money would come from higher energy
prices, however, and in order for the American
public to agree to such a project, voters must be inspired
by the project's potential to free the United States from
oil and to create jobs through technology innovation.