Sentences with phrase «tax on carbon fuels»

An across - the - board tax on carbon fuels, either when they are mined or when they are imported, would be far simpler to administer than the proposed carbon trading scheme, and adjusting the amount of the tax to produced the desired level of greenhouse gas production would also be simpler.

Not exact matches

On the other hand, if higher fuel taxes work as intended and get drivers to burn less carbon, then those people will find themselves ahead.

Posted by Jeff Rubin on August 12th, 2014 under SmallerWorldTags: British Columbia, carbon tax, fuel tax, IMF, income taxes • 1 Comment

Whether individuals are better off for this quid pro quo depends on how carbon taxes affect fuel consumption.

The logic behind carbon pricing — most likely either a tax on fossil fuels or a cap - and - trade system that allows companies to sell emission permits back and forth — is powerful.

In Alberta and B.C., GST is applied on top of the carbon tax on direct consumer fossil - fuel purchases, such as gasoline, as well as on products where a business has added some or all of the cost of the carbon tax to the cost of their good or service.

Regardless of whether the fuel source is coal, gasoline, diesel, natural gas, or propane the tax doesn't discriminate, levying a $ 30 per tonne charge on emissions from all carbon fuels.

Canada's coming national price on carbon adds further fuel to the debate, as some will be looking for Canadian industries affected by the carbon price to get protections, maybe even in the form of a carbon tax applied at the border on goods coming from places in the U.S. where there is no such policy.

While axing a tax on the fuel Albertans produce is popular, much of the energy sector appears reasonably happy a provincial government is doing things to erase Alberta's old image as an environmental laggard; last month, oil sands heavyweights Suncor and Canadian Natural Resources Ltd. talked up Alberta's new environmental efforts to European investors, and their executives joined Notley on stage when the climate change plan and carbon tax were first announced.

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.

Hawkins supports legislation to require NYS to go to 100 % clean energy (not just electricity) by 2030; a ban on new fossil fuel infrastructure (including revoking the CPV permit in Orange County); and a robust carbon tax.

The idea is to impose a tax on fuels based on the amount of carbon dioxide they put into the air when burned.

carbon price floor tax: a tax on fossil fuels used in electricity generation.

An early target of the campaign is European proposals for a carbon tax on fossil fuels, rising to $ 10 per barrel by the end of the decade.

This scenario would change if there were a significant tax on carbon emissions, or if an equivalent economic penalty were imposed on fossil - fueled plants through a cap on carbon dioxide (CO2) emissions or a requirement that CO2 be sequestered.

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.

What is your position on the following measures that have been proposed to address global climate change — a cap - and - trade system, a carbon tax, increased fuel - economy standards, or research?

But I find it hard to reconcile the group's financial support for Climate Depot with its rhetorical embrace of Richard Smalley's vision of a sustainable energy future — which was premised on an inevitable transition away from carbon - rich fuels and included a modest tax on liquid fuels.

Gates hammered on points reported here for many years: that without a big, and sustained, boost in spending on basic research and development on energy frontiers, the chances of triggering an energy revolution are nil; that while the private sector and venture capital investors are vital for transforming breakthroughs into marketable products or services, they will not invest in the long - haul inquiry that's required to generate game - changing breakthroughs; that a 1 or 2 percent tax on carbon - emitting fuels could generate a large, steady stream of money for invigorating the innovation pipeline; that a declining emissions cap and credit trading system --- if it could survive America's polarized politics --- would have to raise energy costs far beyond what would be politically tenable to generate a similar scale of transformational activity.

He also cites problems with a straight tax on carbon content of fuels.

A carbon tax will make fossil fuel prices come closer to covering full cost, incorporating some of those fuels» currently - excluded costs: our dependence on and enrichment of oil - country despots, huge military costs of protecting distant oil operations and transport, health costs from emissions other than CO2, etc., etc., etc.....

His critics show few signs of ever accommodating the ideas he now presses, which include a prompt moratorium on new coal - burning power plants until they can capture and store carbon dioxide and a rising tax on fuels contributing greenhouse - gas emissions, with the revenue passed back directly to citizens, avoiding the complexities of «cap and trade» bills.

In Dr. Hansen's approach, a straightforward rising tax is imposed on the carbon content of fuels, instead of Mr. Barnes's notion of a shrinking supply of purchased, and traded, permits.

We need to maintain that downward trend by imposing a substantial carbon tax on motor fuels, which would keep the price up and the demand down.

Some of the policies examined include the B.C. carbon tax, Ontario's Green Energy and Economy Act and phase - out of coal - fired power, Quebec's and Nova Scotia's regulatory cap on emissions, public transit strategies in Ontario, and federal fuel - efficiency standards for cars.

Now is the time to cut fossil fuel subsidies and implement a carbon tax, it argues, as the low oil price reduces the policies» effect on consumers.

The National Academy of Sciences specifically called for a carbon tax on fossil fuels or a cap - and - trade system for curbing greenhouse gas emissions, calling global warming an urgent threat.

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

10/18/16 — Setting a tax on carbon emissions from fossil fuel combustion is considered by many experts, including two economic analysts writing in Issues, as a promising way to help control human - caused climate change, but US policy makers have resisted.

With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.

The debate over biofuels and economics has tended to focus on mandates and subsidies rather than carbon taxes — unsurprisingly, given the absence of carbon - taxing in the U.S. and the prevalence of large biofuel subsidies, primarily via the Renewable Fuel Standard.

How would a carbon tax on aviation fuel lead to reduced emissions in that sector?

The nation's first state ballot measure to impose a carbon tax on fossil fuels failed Tuesday on a crowded slate of statewide initiatives in Washington.

The Carbon Tax Center is often asked why a carbon tax is needed; wouldn't removing tax subsidies be sufficient to let efficiency and renewables compete on even terms with fossil fueTax Center is often asked why a carbon tax is needed; wouldn't removing tax subsidies be sufficient to let efficiency and renewables compete on even terms with fossil fuetax is needed; wouldn't removing tax subsidies be sufficient to let efficiency and renewables compete on even terms with fossil fuetax subsidies be sufficient to let efficiency and renewables compete on even terms with fossil fuels?

Inglis touts a carbon tax as a classic win - win - win because it makes the nation less reliant on oil imports from enemies, creates homegrown clean technology jobs and cleans up air sullied with pollutants from burning fossil fuels.

Indeed, the corn - to - ethanol production cycle is so carbon - intensive that a carbon tax applied to its fuel inputs (including natural gas) would internalize much of ethanol's climate cost, obviating somewhat the need for a tax on the end - product.

Republicans generally argue that a carbon tax would hurt the economy by boosting energy prices on fossil fuels, but some conservatives have supported the idea as a way to offset lower personal taxes.

How would a carbon tax on maritime fuel (primarily residual fuel oil, a / k / a bunker fuel) spur further efficiency and innovation?

HERE is a poll by the IGM of their Economic Experts Panel on a carbon tax; the question posed was: «A tax on the carbon content of fuels would be a less expensive way to reduce carbon - dioxide emissions than would a collection of policies such as «corporate average fuel economy» requirements for automobiles».

On the other hand, a man who puts fossil fuel lobbyists and climate skeptics in charge of energy policy is hardly likely to ask Congress for a carbon tax.

For energy specifically, full - cost pricing means putting a tax on carbon to reflect the full cost of burning fossil fuels and offsetting it with a reduction in the tax on income.

The most straightforward form of carbon pricing is a carbon tax, which, in its simplest version, imposes a fee on every ton of carbon that enters the economy («upstream,» on fossil fuel producers and importers, as opposed to «downstream,» on fossil fuel consumers).

People would pay a tax or a fee on either the carbon they emit or the fossil fuels they purchase to incentivize lower usage as a way to reduce greenhouse gas emissions.

DC's proposed carbon price would thus be an incentive to switch to cleaner fuels and reduce emissions from non-electricity sources like heating and transportation, while Boulder's carbon tax is non-bypassable charge on electricity that applies even if one switches to cleaner energy.

It's likely the first of many such deals by Claudia Cattaneo You know Canadian competitiveness is in big trouble when even investors in renewable energy — favoured by Canadian governments through subsidies, plus carbon taxes and regulatory overload on competing fossil - fuel energy — are leaving because they like lower U.S. taxes even more.

Based on a literature review of seven studies analyzing the GHG impacts of the carbon tax, they determined that «the effect of the tax was to reduce fuel consumption and GHG emissions 5 — 15 % in British Columbia.»

Not only would such a carbon tax be relatively easy to scale to a global system, but it would also take the health and environmental effects of fossil fuels into account, putting clean energy — from wind to nuclear — on an equal footing.

A carbon tax would impose an indirect tax on these fuels due to their carbon dioxide emissions.

The Canadian province of British Columbia implemented a carbon tax on certain fossil fuels in July of 2008.

My colleague Matt Hourihan wrote a great review of the effect price has on technology change and found that price — especially the small to moderate carbon pricing and fuel taxes talked about within policy circles — will do nothing but drive incremental technology change.