Monday 4 August 2014

# 16 Carbon tax progress


In the last 6 months there were some encouraging developments as follows:

1)     Many more companies demand global carbon pricing

In 2013 just over 100 multinational companies had signed the Carbon Price Communiqué. They were frustrated by the slow progress of the UN negotiations to obtain a fixed price for carbon which would allow better planning and eliminate unfair competition. In 2014 the Trillion Tonne Communiqué was added. It points to an environmental tipping point unless a global carbon price is established. By now over 1000 business leaders from more than 60 countries have signed one of the communiqués.  Among the signatures are those of the world’s largest oil company, 2 other major oil  companies, the world’s third largest airline and major multinational companies in petrochemical, construction, insurance, food processing and electronics. Post 12 of my blog shows how some companies will profit from a global carbon tax. It is hoped that the politicians will start paying attention to all those advantages and reach at least a partial agreement at the 2015 conference. For details seehttp://www.climatecommuniques.com/andhttp://www.climatecommuniques.com/Trillion-Tonne-Communique.aspx


2)     Carbon tax development in the US
In the US quite some progress has been made following proposed EPA rulings. These are aimed at cutting carbon-dioxide emissions from the nation's power plants as much as 30 percent below 2005 levels by 2030. Some influential Republicans now realize that they can’t block the EPA rulings.They also realize that it will hit the coal industry hard without having any defined compensation.They rather have a revenue neutral carbon tax which achieves a lot and would allow taxing imports from countries without carbon tax.  It may sway opposition Republicans to vote for a recently introduced carbon tax bill, which is superior to previous cap and trade bills. If accepted this could lead to serious discussions with China, who previously dismissed cap and trade but considered a carbon tax. They obviously want to see first what the US will do. For details see http://www.vox.com/2014/6/1/5770556/EPA-power-plant-rules-explainer ,http://www.carbontax.org/progress/carbontaxbills/andhttp://www.jsonline.com/news/opinion/revenue-neutral-carbon-tax-would-improve-on-epa-regulations-b99282755z1-261548361.html

3)     Environmentalists can be persuaded to think about carbon tax

Lately I have been reading quite some on-line articles about pipeline protests and note that the people opposing new pipelines complain about the potential GHG emission of our oil without realising that demand will keep rising until a global carbon tax has been established. I try to reach them by placing comments where possible. When I simply state that a carbon tax is essential to curb the oil flow, the word tax alone puts them off and 80% disagree with me. Hence I explain with specific examples from my blog that:

--- A revenue neutral carbon tax does not hurt. We get all the money back and gain if we buy less than average carbon
--- World demand for fossil fuel will increase until a global carbon tax is in place, allowing taxing of exported carbon.
--- Our export of that extra fossil fuel does not increase the world’s GHG emissions. If we don’t supply it, others will.

Since the media still ignores many important aspects affecting climate change I hope that you also will be able to spread the word via on-line newspapers. Not all papers count “agree” and “disagree” markings and not all people who read my comments will bother to mark.From my comments on the articles below I randomly selected a block of 24 and at that time at least 2705 read the comments and 63% agreed, which is quite encouraging. Since that time I updated the list and will keep doing so. Just by title alone you can see that there is a lot of opposition to pipelines.

On !7 October 2014 another count showed that of the comments on 29 articles since 13 April 2014 at least 7515 had been read with an agree rate of 60%. A very promising trend is that the comments are still read well after the articles are published. The most astonishimg example is that the 3 comments dealing with carbon tax on a 17 May article in http://www.vancouverobserver.com/news/thousands-rally-against-enbridge-northern-gateway-photos#comment-259326 were read by at least 809 people on Aug 3 and at least 3953 people on 17 October. The next day another 101 had rated it. The agree rating dropped from 68% in August to 60% in October
































http://www.vancouverobserver.com/news/anti-pipeline-protesters-march-through-downtown-vancouver
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http://www.vancouverobserver.com/news/world/filipinos-blame-canadian-government-and-industry-monster-typhoon#comment-252867


http://www.vancouverobserver.com/blogs/earthmatters/hundreds-protest-against-port-metro-vancouver-%E2%80%9Cclosed-door-decision-making%E2%80%9D#comment-252494

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