Source: America should adopt a carbon tax now: As I See It by Richard Whiteford, Central Pennsylvania Patriot-News, April 10, 2013.
Expanded quote: by Richard Whiteford:
"Solar, wind, and geothermal are clean energy sources poised to replace fossil fuels. Right now, the playing field is stacked against clean energy.
The American fossil industry in 2012 was subsidized to the tune of $4 billion by taxpayers. They also are the most profitable industry on the planet, which gives them unprecedented political influence and a mighty hammer to stall clean energy development.
Amusingly, the paranoid conspirators that deny global warming are the first to accuse environmentalists of being socialists. Well, what's more socialist than American taxpayers subsidizing the fossil industry while they fleece our wallets? Perhaps Exxon should be renamed The People's Oil Company of America."
Notes: So what is the solution to the fossil fuel dominance over our economy?
Whiteford thinks imposing a carbon tax is he most efficient way to stop addiction to fossil fuels. Carbon tax legislation has been proposed a few times in Congress. However, the result was a negative knee-jerk reaction from the fossil industry, their loyal supporters, and fossil financed legislators.
The fossil financed government wants us to believe a carbon tax will ruin our economy. Yet, Alaska has a carbon tax, or "dividend", since 1982. This dividend is paid to Alaska's citizens for the oil extracted from their state. Alaskan residents living there for at least one calendar year are eligible to receive the dividend. The lowest dividend paid out was $331.29 in 1984 and the highest was $2,069 in 2008.
Bottom line: tax carbon at its source, a coal mine or Exxon oil or gas well, then give 100% proceeding back to the taxpayers (a carbon fee and dividend). The result will be an even playing field between the fossil fuel industry and the clean energy industry.
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