Editor Note: The House yesterday passed a concurrent resolution “expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.” Ten Democrats joined all but one Republican (Brian Fitzpatrick, PA) in the 222–196 victory. A free-market, winning policy on climate is to not support any legislation that increases either taxes or energy prices, directly or indirectly.
Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.
IN THE HOUSE OF REPRESENTATIVES
January 25, 2024
Mr. Zinke (for himself, Mr. Scalise, Mr. Bost, Mr. Clyde, Mr. Crenshaw, Mr. Perry, Mr. Ogles, Mr. Jackson of Texas, Mrs. Miller of Illinois, Mr. Lamborn, Mrs. Miller of West Virginia, Mr. Carey, Mr. Langworthy, and Mr. Pfluger) submitted the following concurrent resolution; which was referred to the Committee on Ways and Means
CONCURRENT RESOLUTION
Expressing the sense of Congress that a carbon tax would be detrimental to the United States economy.…
“Apologies are in order from Bloomberg Green. In terms of social justice, why hurt the average person as consumer, ratepayer, and taxpayer?”
“Trump’s Green-Bashing and Europe’s Right Put Climate Goals at Risk,” write Laura Millan, Zahra Hirji, Olivia Rudgard, and Jonathan Gilbert (maybe it takes four writers to tip-toe around the climate vs. social justice issue).
The Bloomberg Green authors call it “the campaign against climate.” Realists would call it a long overdue populist campaign for energy justice and against alarmism and energy rationing. And expect a lot more such protest in the future as Net Zero fails–and an “energy transition” back to the real thing (dense, stock, affordable, plentiful, reliable energies) occurs.
Here is the Bloomberg Green Daily story:
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.…
“… despite the world investing more than $9.5 trillion on energy transition over the past two decades, alternatives have been unable to displace hydrocarbons at scale.”
“… many of us have been saying for a long time that the world has been trying to transition in fog, without a compass, on a road to nowhere. Consumers … are demanding a transition that is affordable, reliable, and flexible, and that supports our climate ambitions.”
Aramco President and CEO Amin H. Nasser provided a realist moment to the CERA conference in Houston, Texas this week. His remarks follow.
We meet when the future of energy, and our role in the global energy transition, is incredibly high on the geopolitical agenda. But these conversations are no longer limited to Davos or D.C. because the hopes and ambitions of 8 billion energy consumers around the world are at stake. …