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Last updated on April 19, 2014 at 21:20 EDT

Latest Carbon tax Stories

2014-01-29 12:22:50

ST. LOUIS, Jan. 29, 2014 /PRNewswire/ -- Following U.S. President Obama's State of the Union address, Peabody Energy (NYSE: BTU) urges the Administration to adopt energy policies that help families and businesses by capitalizing on greater use of coal, America's true all-of-the-above energy advantage. Coal is the nation's lowest cost and most abundant energy resource. This past year, coal generation rebounded 5 percent due to its lower costs, while gas generation fell 11 percent....

2014-01-22 12:21:18

Benefits outweigh supposed costs by range of 50-1 to 500-1 WASHINGTON, Jan. 22, 2014 /PRNewswire-USNewswire/ -- The benefits of fossil fuel energy to society far outweigh the social costs of carbon (SCC) by a magnitude of 50 to 500 times, according to a landmark study released by the American Coalition for Clean Coal Electricity (ACCCE) today. "It is without question or debate that our national and global societies have benefited from fossil fuels. And those benefits will continue...

2014-01-02 23:30:02

Ripples of the 2008 global recession go on with taxpayers around the world struggling to meet food prices at near historic highs, rising energy prices due to climate change taxes and levies, and continued high unemployment rates across much of the Eurozone. Friends of Science note that carbon taxes and penalties, and incentive programs for biofuels negatively affect economic recovery and taxpayer’s pocketbooks; abolishing unnecessary carbon taxes and climate change policies would greatly...

2013-12-17 23:27:42

As winter sets in across Europe, UK newspapers are reporting that utility companies in Britain are forecasting power blackouts as their reliable capacity drops while rising carbon taxes and subsidies for wind farms make utilities operations unprofitable and the grid unmanageable. Friends of Science say carbon taxes are an unnecessary burden as the sun is the main driver of climate change, not carbon dioxide. Calgary, Alberta, Canada (PRWEB) December 17, 2013 As people are shivering under...

2013-11-26 23:30:12

As world leaders at the Warsaw COP-19 Climate Conference back away from new global warming climate targets, and British Columbia eliminates their controversial Pacific Climate Trust, Friends of Science has issued a new report calling upon the City of Calgary to abandon the Community GHG Reduction Plan. Friends of Science state that there has been no global warming in 16 years despite a rise in carbon dioxide and that the sun drives climate change, not carbon dioxide. Calgary, Alberta,...

2013-11-13 23:03:57

With the recently elected Coalition Government planning to repeal the carbon tax, industry operating conditions are expected to change. For this reason, industry research firm IBISWorld has updated its report on the Pollution Testing Services industry in Australia. Melbourne, Australia (PRWEB) November 14, 2013 Environmental concerns within society, and government legislation to reduce pollution levels, benefit the Pollution Testing Services industry. This is due to growing external...

2013-11-08 23:01:06

The Environmental Protection Agency today is hosting a “Public Listening Session” at the Metcalfe Federal Building in Chicago, allowing the public to weigh in on the Obama administration’s “Climate Action Plan.” The plan would grant broad powers to EPA to curb the production of fossil fuels, strictly regulate coal-fired power plants, and funnel taxpayer money toward “green energy” companies. Chicago, Illinois (PRWEB) November 08, 2013 Heartland Institute Policy Advisors...

2013-11-05 10:21:50

Yet the instrument of pricing global CO2 emissions could generate a revenue of 32 trillion US dollars over the 21st century, exceeding by far the 12 trillion US dollars reduction of fossil fuel owners' profits, according to a study now published by scientists of the Potsdam Institute for Climate Impact Research. The analysis of the interference of CO2 emission pricing with fossil fuel markets adds key information to the debate on macro-economic effects of climate change mitigation....

2013-09-24 08:23:25

New ITEP Report Shows Obsolete Gas Tax Has Cost $215 Billion, Undermined Infrastructure and Added to Deficit WASHINGTON, Sept. 24, 2013 /PRNewswire-USNewswire/ -- On October 1, the federal gas tax will mark exactly twenty years stuck at the rate of 18.4 cents per gallon. Against a backdrop of chronic infrastructure underfunding and federal budget crises, a new report from the Institute on Taxation and Economic Policy (ITEP) marks this anniversary and explains exactly why gas tax revenues are...

2013-09-18 16:21:34

WASHINGTON, Sept. 18, 2013 /PRNewswire-USNewswire/ -- Opponents of President Obama's climate action plan leveled a barrage of critical comments at a hearing in the House today. In light of climate-related disasters unfolding in Colorado and California, however, their time would be better spent talking about effective alternatives to the administration's plan, said Mark Reynolds, Executive Director of Citizens Climate Lobby. "We understand that conservatives object to the use of EPA...