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Carbon Tax / Cap and Trade Schemes
Tim of ThyArt   08 Jul 2019 / updated: 08/Jul/2019

Will you pay more for carbon pricing?

Remember Climate Change by carbon dioxide is a lie; therefore this is just a scam. These are two schemes to force an added cost to using carbon based fuels in hopes to reduce their usage. These schemes are not a "this one or that one", the plan is to implement as many of these as they can get away with. While we will pay dearly for the move to renewable sources, the cost of these schemes will quickly be visible in the price tag of all products and services we use on a daily routine.

Many schemes have been proposed to force the reduction of carbon based fuel usage. The primary two are carbon tax and cap & trade.

Carbon tax is a form of pollution tax. It levies a fee on the production, distribution or use of fossil fuels based on how much carbon their combustion emits. The government sets a price per ton on carbon then translates it into a tax on electricity, natural gas or oil.

Obama-White-House - Feb 4, 2016 "That is why we are proposing to fund these investments through a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years. … By placing a fee on oil, the President’s plan creates a clear incentive for private sector innovation to reduce our reliance on oil and at the same time invests in clean energy technologies that will power our future."

There are three plausible methods to tax carbon but all three will be the end user that will pay for the tax either directly or in the purchase price. [1] One would be a creation tax that would be accomplished by placing a price directly to the oil producers, such as $10 on each barrel of oil they produce. [2] The second method is to place a tax to the end user, the amount suggested is a progressive tax that starts out as low as 10¢ per gallon progressing to as much as 80¢ per gallon. To put 10 gallons of gasoline in the tank would add to the cost $1 progressing to $8 over the course of five to ten years. [3] Cap & Trade is a system for controlling carbon emissions and other forms of atmospheric pollution by which an upper limit is set on the amount a given business or other organization may produce but which allows further capacity to be bought from other organizations that have not used their full allowance.

The Cap & Trade scheme is a means to force all businesses to use less carbon based fuel by limiting their allowance or forcing them to buy more allowance at market price. [4] It is determined the amount of carbon a business emits or should be allotted for business type; this is the "cap". [5] Permits are received through many means that give allowance to a business to emit a specified amount of carbon. These permits are acquired by being issued, bought at auction, bought from market, or bought from business with excess. [6] When a business has more permitted allowance then they actually emit they have an excess, [8] and this excess can be traded or bought from [7] another business that does not have enough permitted allowance to cover their carbon emitted. California started issuing at 90% and bidding the last 10%, progressing to 50% split by the year 2020.

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