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Carbon Tax


Vmedvil2

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Carbon tax Is just a way to compound tax above income tax without blatantly saying that's what they are doing. Remember Enron? Guess who was one of the major players pushing for carbon tax and carbon credit trading?

WEIRD, right?

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Carbon tax Is just a way to compound tax above income tax without blatantly saying that's what they are doing. Remember Enron? Guess who was one of the major players pushing for carbon tax and carbon credit trading?

 

WEIRD, right?

Not a bit of it. Enron was (leaving aside its house-of-cards financial construction) an energy trader, with major emphasis on electricity generation and natural gas. Carbon tax credit trading thus was obviously something they could make money from, but then so it is for any energy company that is not irrevocably wedded to coal or oil.  

 

A carbon tax is a perfectly legitimate way of trying to drive environmentally better outcomes using a market mechanism, rather than a centrally planned ("socialist" in American-speak) imposition of curbs on energy sources and production.  

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