Tax baby tax: The Washington Post knows how to save the planet
By Bonner Cohen, Ph. D. |August 18th, 2021|Energy|6 Comments
As the company paper in the company town with the company line, the Washington Post is a reliable indicator of what the ruling class is thinking.
In an Aug. 16 editorial, “Cheap Gas or Fight Climate Change,” the Post, to the surprise of no one, comes down on the side of the planet. The Post is taken aback by Biden National Security Advisor Jake Sullivan’s recent plea to OPEC+ countries to combat rising gas prices in the U.S. by pumping more oil. Citing the Biden administration’s curtailment of oil and natural gas drilling on federal land and its cancellation of the Keystone XL pipeline, the Post writes, “It seems strange indeed to encourage drilling in Saudi Arabia and Russia – they call the shots at OPEC+ — while discouraging it in North America.”
“Effect a Structural Shift in U.S. Energy Demand”
Not to worry, the Post has a better idea. No, it’s not for domestic producers to pump more oil, drive prices down, and help American workers and consumers. Instead, it wants to see a carbon tax or its first cousin, higher excise taxes on motor fuels. The goal, it says, is to “effect a structural shift in U.S. energy demand so that this country is less dependent on all suppliers of fossil fuels, both foreign and domestic. Taxes are an inescapable element of that.” Even a “relatively modest increase in the federal gas tax,” say, 25 cents per gallon could make a big difference, the paper assures us.
https://www.cfact.org/2021/08/18/tax-baby-tax-the-washington-post-knows-how-to-save-the-planet/?utm_source=rss&utm_medium=rss&utm_campaign=tax-baby-tax-the-washington-post-knows-how-to-save-the-planet
