Congressional Budget Office says US carbon tax will generate $1.2 trillion

Lance Wallace writes in Tips and Notes: The Congressional Budget Office has released an analysis of the effects of a carbon tax. At $20 a ton. they estimate about $1.2 trillion in revenues over a 10-year period. A money quote for me is: Advertisements

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Exxon called hateful for producing value

How do we know that Solyndra and First Solar and Fisker Automotive and thirty other failed Obama-subsidized green energy ventures are (or were) highly moral enterprises? Because they are all going bankrupt. They all produce less value for consumers than they cost in resources. That’s good because producing net value—making money—is the criterion of immorality. Such, at…

EPA’s E-15 ethanol plan rammed though – won't work in many cars

The folly of E15 anti-hydrocarbon policies EPA’s E-15 ethanol plan is bad for our pocketbooks, environment and energy policy Guest post by Paul Driessen The Obama Administration’s anti-hydrocarbon ideology and “renewable” energy mythology continues to subsidize crony capitalists and the politicians they help keep in office – on the backs of American taxpayers, ratepayers and…