Some folks are getting anxious that “progress” on passing carbon taxes at the state level has stalled nationwide. Media Matters, a nationwide left-wing group which got $10 million in contributions last year, decided it was time to place part of the blame on the Ethan Allen Institute.
Testimony from the Regulatory Assistance Project argued for more $600 million in new program funding over the next ten years. And, where will they get that $600 million? Carbon taxes.
As befits this complicated subject, the study discusses offers a wide range of alternative choices for legislators concerned about meeting the state’s GHG emission goals. Here are 12 questions and answers about the study.
One day, the electric bus “had trouble getting up the National Life hill,” leaving several state employees stranded at work.
Two leading energy policy professionals spoke before the House Energy and Technology on Tuesday to offer their views on the recent state-funded decarbonization study.
The Legislature’s paid consultant says the proposed carbon taxes won’t work. Most Vermont emissions don’t come from a handful of power plant smokestacks; they come from hundreds of thousands of automotive tail pipes and furnaces and woodstove chimneys.
Reps. Ted Deutch, a Democrat, and Francis Rooney, a Republican, are planning to reintroduce a bill Thursday that would place a $15-per-ton tax on carbon emissions in 2019. The tax would rise by $10-a-year increments until it hits nearly $100 per ton.
If anyone ever bought the notion that a Vermont carbon tax would be “revenue neutral,” or, if passed as such, would stay that way for very long, this week’s Statehouse activities should put that fantasy to bed for good.
As lawmakers begin evaluating the pros and cons of carbon pricing methods in Vermont, the House Energy and Technology Committee appears to have invited testimony mostly from individuals and groups who support a carbon tax.
The researchers were asked directly, and admitted forthrightly, that they did not consider administrative costs when calculating the impact of the tax.
A much-anticipated report commissioned by the state of Vermont says putting a price on carbon could reduce CO2 emissions without hurting the economy or low-income residents.