Thursday, December 19, 2019

"Carbon Tax"? Nope. Re-distribution Scheme

No surprise that a "moderate" Pubbie and two geezers are leading this effort.

A Republican-backed group pushing for Congress to pass a carbon tax has raised more than $5 million this year after adding new corporate funders Thursday, including America’s two largest automakers: GM and Ford.

The carmakers, along with technology company IBM, are giving $100,000 each to Americans for Carbon Dividends, the lobbying arm of the Climate Leadership Council, a group led by former Republican Secretaries of State James Baker III and George Shultz....
Nothing like "progress" in pursuit of Creating the Most Perfect Climate (we hope) .

But if it doesn't Create the Most Perfect Climate, they'll re-distribute income!!  That should attract the "stupids" vote.  As to GM, Ford, and IBM, use the best thinking and FOLLOW THE MONEY.

...The Climate Leadership Council’s plan would impose a gradually rising carbon tax beginning at $40 per ton, increasing 5% every year, and return the money to taxpayers as quarterly payments of equal size for all households to offset higher energy prices....
Wanna bet on that "offset higher prices" part?

This would cut U.S. carbon emissions in half by 2035,
Wait!!  Wait!! You forgot about Creating Most Perfect Climate part!


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