NewEnergyNews: COLORADAN PROPOSES CARBON TAX

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • THE DAY BEFORE

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE DAY BEFORE THAT

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • AND THE DAY BEFORE THAT

  • FRIDAY WORLD HEADLINE-Five Countries Leading The Climate Fight
  • FRIDAY WORLD HEADLINE-Global Wind Spend To Soar
  • FRIDAY WORLD HEADLINE-Pakistan’s Global View On Solar
  • FRIDAY WORLD HEADLINE-Denmark Trial Proves EVs Can Support The Grid
  • THE LAST DAY UP HERE

    THINGS-TO-THINK-ABOUT THURSDAY, August 10:

  • TTTA Thursday-Why Greenland Burning Is Cause For Fear
  • TTTA Thursday-Wind Power Booming
  • TTTA Thursday-IKEA To Offer Solar
  • TTTA Thursday-EV Growth Ready To Explode
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Research Associate and Contributing Editor Jessica R. Wunder

    --------------------------

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • Is The White House Hiding DOE’s Grid Study?
  • Will The White House Hide The Climate Report?
  • Crucial Transmission Line For Wind Denied
  • Wind And Solar Are Saving Lives

    Thursday, November 29, 2007

    COLORADAN PROPOSES CARBON TAX

    Not surprisingly, this politically unpopular tax is proposed as a ballot measure by a failed political candidate. Ironically, most economists agree a tax would be a more effective way to curb greenhouse gas (GHG) emissions. But, given adamant public opposition to any new tax measure, no candidate who still expects to run for office would propose it.

    Despite its admirably provocative and progressive nature, even in Colorado this proposal faces an electorate disinclined to charge itself the price of correction, despite its concern with climate change.

    Too, there are significant complexities in an emissions tax. First, what is the fair thing to do with the revenues? Second, how high does the tax need to be to curb consumers appetites? Because these questions raise such problems, many prefer a cap-and-trade system as the means to cut emissions.

    And, Colorado’s governor is probably right that a single state acting alone would only handicap itself economically (in the short run). This is a national matter and needs to be handled by Washington.

    What’s that NewEnergyNews is hearing? The sound of politicians running?


    Proposal calls for carbon tax
    Mike Saccone, November 24, 2007 (Grand Junction Daily Sentinel)

    WHO
    Failed Democratic House of Representatives candidate Sue Radford; the Colorado Legislative Council; Colorado Governor Bill Ritter; Evan Dreyer, Ritter spokesman

    click to enlarge

    WHAT
    Radford’s ballot proposal asks voters to approve a fee to energy companies for GHG emissions produced in electricity generation. The fee, Radford’s measure assumes, would be passed to consumers in their electric bills. But the revenues would be redistributed to ratepayers via sales, business, personal property and payroll tax cuts and rebates.

    WHEN
    - Radford lost a bid for the House of Representatives in 2006
    - With enough signatures, the proposal could make Colorado’s 2008 ballot.

    WHERE
    - Radford lives in Fort Collins, Colorado.
    - Her tax proposal would only apply to Colorado.

    WHY
    - Radford’s proposal is sponsored by the Colorado Clean Energy Tax Shift.
    - Unlike many taxes, Radford’s proposed fee would not be to generate revenue for the government but to discourage consumption of GHG-producing energy. Nevertheless, revenues would be huge because consumption of GHG-producing energy is enormous. Thus, Radford’s proposal to redistribute the money.
    - Realizing the tax could not be handled by politicians as a legislative measure, Radford chose the ballot measure process.
    - Governor Ritter’s recent emissions-reduction plans did not include a tax. His spokesperson said that acting alone on this would put the state at an economic disadvantage.

    Despite contentions that a carbon tax is simpler than a cap-and-trade system, the tax has complexities, too: How much of a tax will it take? What is best to do with the revenues? (click to enlarge)

    QUOTES
    - Radford, on her carbon tax proposal: “I am somebody who is deeply concerned about the way our climate is changing…A carbon tax is the most fair and comprehensive and transparent and enforceable way of dealing with the problem…When you do that, the amount of revenue you collect becomes large, and you don’t want to remove that kind of money from the economy or expand government that much…So the best thing to do, seeing that our climate is a shared resource … is to refund the money.”
    - Evan Dreyer, spokesman for the Colorado governor: “A carbon tax imposed by a single state would be very difficult to administer…This is the sort of thing that should be considered only on a national scale…If demand is strong enough, emissions will still rise despite the tax…There is no guaranteed cap on emissions.”

    0 Comments:

    Post a Comment

    << Home