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A $240 Per Gallon Gas Tax To Fight Global Warming? New UN Report Suggests Carbon Pricing Rate Topic: -----

#1 User is offline   MTP Reggie 

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Posted 12 October 2018 - 09:21 AM

A $240 Per Gallon Gas Tax To Fight Global Warming? New UN Report Suggests Carbon Pricing
11:50 AM 10/08/2018 | ENERGY
Michael Bastasch | Energy Editor
Daily Caller

<More Here>

  • A new U.N. report suggests a $240 per gallon gas tax equivalent is needed to fight global warming.
  • The U.N. says a carbon tax would need to be as high as $27,000 per ton in the year 2100.
  • If you think that's unlikely to ever happen, you're probably right.


A United Nations special climate report suggests a tax on carbon dioxide emissions would need to be as high as $27,000 per ton at the end of the century to effectively limit global warming. For Americans, that's the same as a $240 per gallon tax on gasoline in the year 2100, should such a recommendation be adopted. In 2030, the report says a carbon tax would need to be as high as $5,500 that's equivalent to a $49 per gallon gas tax. If you think that's an unlikely scenario, you're probably not wrong. However, it's what the Intergovernmental Panel on Climate Change's report, released Sunday night, sees as a policy option for reducing emissions enough to keep projected warming below 1.5 degrees Celsius.

The IPCC's report is meant to galvanize political support for doubling down on the Paris climate accord ahead of a U.N. climate summit scheduled for December. The report calls for societal changes that are "unprecedented in terms of scale" in order to limit future global warming to below 1.5 degrees Celsius, the stretch goal of the Paris accord. However, the costs of meeting that goal are high based on the IPCC's own figures. (RELATED: Here's What The Media Won't Tell You About The U.N.'s New Climate Report)

In order to effectively keep future warming below 1.5 degrees Celsius, the IPCC says carbon taxes would need to range from $135 to $5,500 per ton in 2030, $245 to $13,000 per ton in 2050, $420 to $17,000 per ton in 2070 and $690 to $27,000 per ton in 2100. To meet the goals of the Paris accord, which seeks to limit future warming to below 2 degrees Celsius, the IPCC says carbon taxes would have range between $10 and $200 in 2030 and $160 and $2,125 in 2100. That's equivalent to a gas tax as high as $1.70 per gallon in 2030 to nearly $19 per gallon at the end of the century. That's less onerous than limiting warming to 1.5 degrees Celsius, but still no walk in the park.

California and many European countries have policies to price carbon dioxide emissions and mandate green energy, including cap-and-trade systems and carbon taxes. But carbon prices under those systems are nowhere near where the IPCC says they need to be. The IPCC said the "price of carbon would need to increase significantly when a higher level of stringency is pursued." However, the group's report tacitly acknowledges the unlikelihood that governments will enact astronomical taxes on energy.

(snip)

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#2 User is offline   Mrdirt73 

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Posted 12 October 2018 - 09:31 AM

Wow, out of all the articles you've posted, this is the one that isn't from the Bee?
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#3 User is offline   MTP Reggie 

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Posted 12 October 2018 - 09:37 AM

View PostMrdirt73, on 12 October 2018 - 09:31 AM, said:

Wow, out of all the articles you've posted, this is the one that isn't from the Bee?


I know, right?

View PostMrdirt73, on 12 October 2018 - 09:31 AM, said:

Wow, out of all the articles you've posted, this is the one that isn't from the Bee?


Actually, I read this one first, which reminded me to go to the Bee and see what was new...
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#4 User is online   Taggart Transcontinental 

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Posted 12 October 2018 - 10:03 AM

So this is how they want to choke the American economy. Stop our use of electricity and transportation. Exempt themselves from it's cost and destroy our economy. US citizens would be the ONLY people in the world paying this tax.
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#5 User is online   Censport 

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Posted 12 October 2018 - 10:40 AM

Something tells me they'll have to wait until at least 2024 before having a chance to implement even a 24/gallon tax on the U.S.
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#6 User is offline   Severian 

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Posted 12 October 2018 - 10:44 AM

That'll keep those smelly plebeians locked down and away from the vacation spots we elites prefer.
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#7 User is offline   Mrdirt73 

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Posted 12 October 2018 - 10:52 AM

It helps explain their desire to be a gun free society.
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#8 User is offline   oki 

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Posted 12 October 2018 - 11:30 AM

Unforeseen consequence or intentional starving of the masses.

Something a lot of people who aren't closer to Ag fail to realize is that American Farmer feed a whole lot of people outside the U.S.
Doing this would completely bankrupt them and cause food prices to skyrocket to levels which would cause starvation even in developed parts of the world.

I could break things down of the ripple effect this would have to Agriculture... either people would starve due to shortages of grain, or simply not being able to afford to eat. Hellooooo North Korea and Venezuela.


Oki
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#9 User is offline   gravelrash 

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Posted 12 October 2018 - 11:45 AM

Yes, but did they account for inflation? :sailor:
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#10 User is offline   Severian 

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Posted 12 October 2018 - 11:48 AM

Kind of like the t-shirt I saw. Picture of Stalin on it, it says "Dark humor is like food...not everyone gets it."
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#11 User is offline   Bubbajoebob 

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Posted 12 October 2018 - 01:12 PM

So in other words, they want to go to zero fossil fuel use. Which means they want wealthy nations to go back to bronze age technology and standard of living and poor nations to just die.
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#12 User is offline   oki 

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Posted 12 October 2018 - 01:30 PM

View PostBubbajoebob, on 12 October 2018 - 01:12 PM, said:

So in other words, they want to go to zero fossil fuel use. Which means they want wealthy nations to go back to bronze age technology and standard of living and poor nations to just die.



Much easier to rule the masses that way.

Oki
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#13 User is offline   Severian 

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Posted 12 October 2018 - 02:15 PM

View Postoki, on 12 October 2018 - 01:30 PM, said:

Much easier to rule the masses that way.

Oki

Remember your Orwell. In 1984 the government always kept the people poor and destitute, in order to continually fight a war against an ever changing enemy. The purpose was to keep people poor, ignorant, and struggling to just survive so they would never rise up against their masters.

Oceania has always been at war against global warming.

Oceania has never been at war against global warming. Oceania has always been at war against climate change.

AMSOC!
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#14 User is offline   oki 

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Posted 12 October 2018 - 03:01 PM

View PostSeverian, on 12 October 2018 - 02:15 PM, said:

Remember your Orwell. In 1984 the government always kept the people poor and destitute, in order to continually fight a war against an ever changing enemy. The purpose was to keep people poor, ignorant, and struggling to just survive so they would never rise up against their masters.

Oceania has always been at war against global warming.

Oceania has never been at war against global warming. Oceania has always been at war against climate change.

AMSOC!


History has a habit of showing this strategy time and again. Keep people poor, gov dependent, and or at war with something or someone. And, if needed even invent enemies or causes.

Oki
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