Carbon Tax Archives - Environment+Energy Leader

Singapore Will Levy a Flat Carbon Tax on Companies Starting Next Year

February 22, 2018May 10, 2022 by Alyssa Danigelis

Singapore will begin levying a carbon tax starting in 2019 in an effort to reduce the country’s greenhouse gas emissions and help make companies there more competitive. Finance minister Heng Swee Keat announced that facilities across all sectors that produce 25,000 metric tons of GHG or more annually must pay ... Read more »

How Firm Is Big Oil’s Backing of a Republican-led Carbon Tax?

June 21, 2017July 17, 2017 by Ken Silverstein

Exxon Mobil, BP, Royal Dutch Shell and Total S.A. backed a Republican-led plan to tax carbon emissions on Tuesday.

What About a Carbon Tax During Trump’s Reign?

January 9, 2017January 9, 2017 by Ken Silverstein

Corporate America has a fiduciary responsibility to maximize profits for shareholders. So how does a carbon tax fit into this scheme? Alex Russell for the Bozeman Daily in Montana writes that a multitude of multinationals have saved millions in utility expenses by incentivizing low-carbon strategies. He points specifically to Walmart, Intel, ... Read more »

What Does a Carbon Tax Mean for Manufacturing?

November 2, 2016December 5, 2016 by Jessica Lyons Hardcastle

A carbon tax initiative — the first of its kind in the US — will go before Washington state voters next week.

If a Carbon Tax is to Move Through Congress, Exxon has to Pull it Along

July 14, 2016July 13, 2016 by Ken Silverstein

Exxon says that it will support a carbon tax that is revenue neutral, or one where the revenues from the tax are plowed back into economy in the form of clean energy investments or used to reduce other corporate taxes.

Exxon Will Push Hard for a Carbon Tax. What’s its Rationale?

July 1, 2016July 1, 2016 by Ken Silverstein

ExxonMobil is saying that it now wants to lead a national effort to enact a carbon tax. While the oil giant has supported a carbon tax since 2009, its previous efforts have been tepid. The Wall Street Journal is reporting, however, that it wants to take the lead in this effort. What's the rationale?

Earth Day Planted Seeds for Action on Climate. Is a Carbon Tax a Good Idea?

April 27, 2016April 25, 2016 by Ken Silverstein

During the Earth Day festivities, President Obama once again reiterated the United States’ commitment to reducing carbon emissions. But he went beyond his initial pledges of cutting such emissions by 28 percent by 2025 from 2005 levels and to 80 percent by 2050 from the same baseline. How to achieve ... Read more »

Washington State Voters to Weigh In on Carbon Tax Next November

April 20, 2016April 12, 2022 by Cheryl Kaften

Voters in Washington State will go to the polls next November 8 to vote on a carbon emission tax initiative that would impose a tariff on the sale or use of certain fossil fuels and fossil-fuel generated electricity. If passed, Initiative Measure No. 732 is intended to “encourage sustainable economic ... Read more »

Washington State Considers First Carbon Tax in US

February 29, 2016 by Jessica Lyons Hardcastle

Washington state is considering the first carbon tax in the US, which would require energy-intensive manufacturing operations — steel mills and food processers, natural gas power plants, refineries that use fossil fuels, and others — to pay $25 per metric ton of carbon emissions released. Proponents of the bill say ... Read more »

Microsoft’s Bill Gates: Fossil Fuel Divestment a ‘False Solution’

October 16, 2015October 16, 2015 by Jessica Lyons Hardcastle

Microsoft founder Bill Gates has called for a “substantial carbon tax,” and labeled fossil fuel divestment “a false solution,” in an interview with the Atlantic magazine. In the interview he says governments could combat climate change by increasing spending on research and development, and adds private investors should also spend ... Read more »

Australian Carbon Tax Repealed

July 18, 2014July 17, 2014 by Jessica Lyons Hardcastle

Companies in Australia will no longer have to pay for their carbon emissions, following the government’s repeal of the so-called carbon tax, the New York Times reports. Scrapping the carbon tax was a key election promise made by Prime Minister Tony Abbott, who, upon election last year, demanded the upper ... Read more »

Policy & Enforcement Briefing: IPCC Report, Carbon Tax, EPA and Duke Energy

March 24, 2014March 24, 2014 by Tamar Wilner

A draft report by the Intergovernmental Panel on Climate Change, likely to shape climate talks for years to come, makes the starkest warnings yet about global warming’s effects, the AFP says. The report will be formally published March 31. The EPA will join the North Carolina Department of Environment and Natural ... Read more »

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