Green tax revolt

Professor Peabody · #1 (**permalink**) 05-13-2008, 08:55 AM

Quote:

Green tax revolt: Britons 'will not foot bill to save planet'

Majority of Britons are opposed to increases in green taxation

By Colin Brown, Deputy Political Editor
Friday, 2 May 2008

More than seven in 10 voters insist that they would not be willing to pay higher taxes in order to fund projects to combat climate change, according to a new poll.

The survey also reveals that most Britons believe "green" taxes on 4x4s, plastic bags and other consumer goods have been imposed to raise cash rather than change our behaviour, while two-thirds of Britons think the entire green agenda has been hijacked as a ploy to increase taxes.

The findings make depressing reading for green campaigners, who have spent recent months urging the Government to take far more radical action to reduce Britain's carbon footprint. The UK is committed to reducing carbon emissions by 60 per cent by 2050, a target that most experts believe will be difficult to reach. The results of the poll by Opinium, a leading research company, indicate that maintaining popular support for green policies may be a difficult act to pull off, and attempts in the future to curb car use and publicly fund investment in renewable resources will prove deeply unpopular.

http://www.independent.co.uk/environ...ws-819703.html

I knew this was going to happen.

Quote:

Japan, Spain, Italy Face $33 Billion Kyoto Payments (Update1)

By Kristian Rix and Mathew Carr

Nov. 30, 2007 (Bloomberg) -- Japan, Italy and Spain face payments of as much as $33 billion combined for failing to reduce greenhouse-gas emissions as promised under the Kyoto treaty.

The three countries are the worst performers among 36 nations that agreed to curb carbon dioxide gases that cause climate change. The 1997 Kyoto accord designed to slow global warming demands that polluting nations buy credits for their excess emissions from other industrial polluters or investors.

``They're looking at a huge bill now,'' said Mike Rosenberg, management professor at the University of Navarra's IESE Business School in Barcelona.

In Italy, taxpayers will foot 75 percent of the bill for extra permits. "Italy's behind, and we need to keep cutting emissions,'' said Environment Minister Alfonso Pecoraro Scanio on Sept. 13 in Rome.

Japanese taxpayers will pay for two-thirds of that nation's excess, New Carbon Finance estimated, based on the current sharing between state funding and industry.

Spain will pass 40 percent of the cost for the extra emissions on to businesses, Secretary of State for Energy Ignasi Nieto told journalists in Madrid July 31. The rest will come from taxes.

See the common theme. With all the talk of there being new investment opportunities, the lower and middle class won't be able to take advantage by investing. It's plain to see where the money's going to come from. Cap and Trade will do nothing to help the climate and fleece the lower and middle class of any chance they have to get ahead and make the wealthy even wealthier. It's a scam based on half truths and junk science.

Professor Peabody · #2 (**permalink**) 05-13-2008, 11:56 AM

Quote:

CO2 Market on Brink as Price Continues to Slide

UK: April 28, 2006

LONDON - European carbon prices continued a collapse on Thursday that has wiped up to 50 percent off the value of carbon credits over the past week, hitting power prices and rattling utilities' share prices.

Traders said the carbon slide could spell the end for the first phase of the European Union's pioneering carbon trading market from 2005 to 2007.

Carbon credits for December 2006 delivery fell as low as 14 euros in early Thursday trading on the European Climate Exchange -- down more than 50 percent from a high of 31 euros last week.

Story by Gerard Wynn
REUTERS NEWS SERVICE

http://www.planetark.com/dailynewsst...6175/story.htm

Anyone who bought these new "green" chip stocks, I hope they came with scuba gear because it's going under!

Professor Peabody · #3 (**permalink**) 05-13-2008, 10:48 PM

Quote:

Revenue generated by the legislation [carbon tax or cap and trade] will flow to an expansion of the Earned Income Tax Credit. This, according to Rep. John Dingell (D-MI),, helps lower income families compensate for the increased taxes on fuels. The revenue from the gas tax will go into the highway trust fund, with 40% going to the mass transit and 60% going to roads. The revenue from the tax on jet fuel goes into the airport and airway trust fund.

The revenue from the fee on carbon emissions will go into a variety of accounts, including:

* Medicare and Social Security
* Universal Healthcare (upon passage)
* State Children’s Health Insurance Program
* Conservation
* Renewable Energy Research and Development
* Low Income Home Energy Assistance Program

http://www.greencarcongress.com/2007...ssman-unv.html

If they were serious about how in peril the earth was, wouldn't they put ALL of the carbon tax money into carbon reduction? Didn't Al Gore say the Earth has a fever? It's not about global warming or even renewable energy, it's all about the Benjamines. How much can they squeeze out of us, using the global warming scare to deflect criticism....How dare you want to kill the earth.

Professor Peabody · #4 (**permalink**) 05-15-2008, 04:44 PM

No wonder there's a revolt, China and India selling Carbon Credits because they are exempt from regulations under Kyoto, only monitor and report?????????

Quote:

"The International Emissions Trading Association and World Bank estimate that the market for carbon credits has increased to US$2.3 billion in the first nine months of 2006 and that the overall carbon market is now worth more than US$21.5 billion," says Mr. Karmali. "Hitherto, however, China and India have been the main carbon credit sellers. The MCCF initiative is critical to ensure that the transitional countries also maximise the opportunities presented under the Kyoto Protocol's Clean Development Mechanism."

http://www.thefreelibrary.com/ICF+In.....-a0155992657

Quote:

China overtakes U.S. in greenhouse gas emissions
Bloomberg News
Published: June 20, 2007

LONDON: China overtook the United States in 2006 as the world's biggest emitter of carbon dioxide, the greenhouse gas blamed for the bulk of global warming, a policy group that advises the Dutch government said.

China produced 6,200 million tons of carbon dioxide from burning fossil fuels and making cement last year, the Netherlands Environmental Assessment Agency said Tuesday on its Web site. That pushed it past the United States, which produced 5,800 million tons of the gas, the agency said.

http://www.iht.com/articles/2007/06/...iness/emit.php

OMG what a joke! I recently read an article that estimates China as the number one polluter with green house gases, surpassing the United States. Yet they are selling carbon credits? This system will surely fall apart this way.

Just so I understand correctly, China is the largest producer of CO2, China is mandated under Kyoto to monitor and report ONLY, China can and is selling carbon credits due to their exempt status, yet the United States and other countries are expected to PAY?

Here's a little more methane

to that ridiculous idea.

BillyBob · #5 (**permalink**) 05-15-2008, 04:48 PM

The global 'environmental' movement is designed specifically to destroy the United States of America.

White Fox · #6 (**permalink**) 05-15-2008, 04:51 PM

Quote:

Originally Posted by BillyBob

The global 'environmental' movement is designed specifically to destroy the United States of America.

Foolish American-centric thinking right there. The global 'environmental' movement is a ploy to destroy the world.

BillyBob · #7 (**permalink**) 05-15-2008, 04:55 PM

Quote:

Originally Posted by White Fox

Foolish American-centric thinking right there. The global 'environmental' movement is a ploy to destroy the world.

Why would commies want to destroy themselves? Environmentalism is specifically targeted at democracies, especially the US. If that weren't the case, why does China and other countries get to play by different rules than the US?

White Fox · #8 (**permalink**) 05-15-2008, 05:03 PM

Quote:

Originally Posted by BillyBob

Why would commies want to destroy themselves? Environmentalism is specifically targeted at democracies, especially the US. If that weren't the case, why does China and other countries get to play by different rules than the US?

China gets different rules because the UN knows it could get nuked at any time, for any reason by them. The truth of the Kyoto protocol is that it would kill most of the people in third world countries by destroying their reliance on food and basic necessities created by the use of cheap oil.

BillyBob · #9 (**permalink**) 05-15-2008, 05:27 PM

Quote:

Originally Posted by White Fox

China gets different rules because the UN knows it could get nuked at any time, for any reason by them. The truth of the Kyoto protocol is that it would kill most of the people in third world countries by destroying their reliance on food and basic necessities created by the use of cheap oil.

So you agree that the Kyoto Protocol does not evenly expect the same results from every country. That is proof that Environmentalism is designed to punish some countries while giving other a free pass.

You may call me American-centric, which is what you'd expect from an American...at least a REAL American. But likewise, you must call the Kyoto Treaty anti-American.

White Fox · #10 (**permalink**) 05-15-2008, 05:34 PM

Quote:

Originally Posted by BillyBob

So you agree that the Kyoto Protocol does not evenly expect the same results from every country. That is proof that Environmentalism is designed to punish some countries while giving other a free pass.

You may call me American-centric, which is what you'd expect from an American...at least a REAL American. But likewise, you must call the Kyoto Treaty anti-American.

There are good kinds of Amero-centrist, such as if I said America is the greatest country on earth, and still will be even if we are stupid enough to elect a Democrat. And then there are the bad kinds, like the world is going to end, and that's bad because Americans will die. I agree with you BillyBob, and Kyoto is an evil thing and we need to put a stake in its heart (if it has one) as AMERICANS.

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