CO2 tax support is based in myth: Taxing essential energy harms more than it helps

[rangerrebew]

 CO2 tax support is based in myth: Taxing essential energy harms more than it helps

By Jason Hayes

Recent media reports lit up with news that the oil and gas industry has agreed to endorse a tax on carbon dioxide emissions. Several weeks ago, the American Petroleum Institute (API), one of the nation’s largest oil and gas trade associations, voted to support the tax as a replacement for current greenhouse gas regulations. Readers should realize that the API’s support for the carbon tax is based on at least four big myths.

First, this support for the CO2 tax is based on the questionable notion that American society requires some regulatory motivation to reduce its greenhouse gas emissions. It clearly doesn’t.

Even under the Trump administration’s push for energy dominance, the U.S. reduced greenhouse gas (GHG) emissions. Driven largely by electricity producers switching from coal to natural gas, but also magnified by last year’s COVID-19 lockdowns, the U.S. has reduced its CO2 emissions by 24 percent from 2005 levels. While GHG emissions are expected to increase slightly in 2021 as the economy comes out of coronavirus lockdowns, they should remain below 2019 levels.

https://co2coalition.org/2021/04/10/co2-tax-support-is-based-in-myth-taxing-essential-energy-harms-more-than-it-helps/

[Idiot]

CO2 tax support is based in myth: Taxing essential energy harms more than it helps

By Jason Hayes

Recent media reports lit up with news that the oil and gas industry has agreed to endorse a tax on carbon dioxide emissions. Several weeks ago, the American Petroleum Institute (API), one of the nation’s largest oil and gas trade associations, voted to support the tax as a replacement for current greenhouse gas regulations. Readers should realize that the API’s support for the carbon tax is based on at least four big myths.

First, this support for the CO2 tax is based on the questionable notion that American society requires some regulatory motivation to reduce its greenhouse gas emissions. It clearly doesn’t.

Even under the Trump administration’s push for energy dominance, the U.S. reduced greenhouse gas (GHG) emissions. Driven largely by electricity producers switching from coal to natural gas, but also magnified by last year’s COVID-19 lockdowns, the U.S. has reduced its CO2 emissions by 24 percent from 2005 levels. While GHG emissions are expected to increase slightly in 2021 as the economy comes out of coronavirus lockdowns, they should remain below 2019 levels.

https://co2coalition.org/2021/04/10/co2-tax-support-is-based-in-myth-taxing-essential-energy-harms-more-than-it-helps/

[thackney]

Several weeks ago, the American Petroleum Institute (API), one of the nation’s largest oil and gas trade associations, voted to support the tax as a replacement for current greenhouse gas regulations. Readers should realize that the API’s support for the carbon tax is based on at least four big myths.

That was the key.  They have already lost the argument and are trying to minimize the impact.

[Sled Dog]

Well, it's not like the leaders of the scam have any illusions about what they are doing and why, nor are they particularly concerned about the climate, either.

They want to tax energy to get money.  The reasons they publish are for the idiots the drink red kool-aid...their voters and the fools in the media, who vote for them.

They don't care about slowing down the economy, that's one of the features of their projects, it's never either unexpected or undesirable to them.   They profit from misery and enjoy it immensely.

[DefiantMassRINO]

Humans emit carbon dioxide.  How much will each person be taxed?  Will there be a methane emissions tax for flatulence?

[Smokin Joe]

Humans emit carbon dioxide.  How much will each person be taxed?  Will there be a methane emissions tax for flatulence?

The more you exercise,the more CO2 you emit. (tax joggers!)
The more you talk, the more CO2 you emit. (tax politicians and media!)

No biggie. Tax essential heating fuels, and I'll just fire up the fireplace...burning wood.

All for the fraud that somehow CO2 is going to bring the planet to it's doom.