Comments on: The realistic and the optimal ways to overhaul energy taxes http://blogs.reuters.com/felix-salmon/2014/02/04/the-realistic-and-the-optimal-ways-to-overhaul-energy-taxes/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: y2kurtus http://blogs.reuters.com/felix-salmon/2014/02/04/the-realistic-and-the-optimal-ways-to-overhaul-energy-taxes/comment-page-1/#comment-49173 Thu, 06 Feb 2014 03:05:10 +0000 https://blogs.reuters.com/felix-salmon/?p=23080#comment-49173 “America, it turns out, doesn’t really tax energy at all: instead, it subsidizes energy.”

On net dollar terms this statement is clearly false. We subsidize the generation of energy via solar, wind, and the transformation of energy via ethanol. The subsidizes offered to these favored power sources are dwarfed by the taxes paid by fossil energy producers and consumers.

Europe offers the carbon lite sources even more generous breaks while on net taxing energy even more heavily than we do in the states… hard to see what they get for their money aside from crushing electric bills and $7-8/gallon gas… god bless them for getting the ball rolling though.

5 of the 7 billion people alive on this planet owe their very existence to the fossil fuel industry… THAT is the real inconvenient truth.

p.s. to BenE… those new CAFE standards are a paper tiger… they are back end loaded and when congress wises up to the fact that they cannot be met they will just be torn up like the renewal motor fuels mandates are being as we speak.

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By: KenG_CA http://blogs.reuters.com/felix-salmon/2014/02/04/the-realistic-and-the-optimal-ways-to-overhaul-energy-taxes/comment-page-1/#comment-49165 Tue, 04 Feb 2014 19:17:20 +0000 https://blogs.reuters.com/felix-salmon/?p=23080#comment-49165 Realistic? Not really. Any appropriate tax on carbon will be opposed by the fossil fuel industry, which basically owns congress, both financially and ideologically, so it’s DOA. Change like this will only occur when the anti-knowledge, anti-tax, religious voters in the south and midwest suddenly get religious about knowledge and the environment.

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By: BenE http://blogs.reuters.com/felix-salmon/2014/02/04/the-realistic-and-the-optimal-ways-to-overhaul-energy-taxes/comment-page-1/#comment-49164 Tue, 04 Feb 2014 18:16:17 +0000 https://blogs.reuters.com/felix-salmon/?p=23080#comment-49164 Did Obama do exactly nothing in his first term? Do new CAFE standards and limits on carbon emissions from power plants really amount to nil? I agree that there is more to be done and better ways of going about the doing, but I don’t think the two initiatives mentioned above add up to zero.

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