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01-10-2009, 07:44 PM | #1 |
Avalon Senior Member
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Exxon supports carbon tax; What's that?
Saturday » January 10 » 2009
Exxon supports carbon tax Herald News Services Friday, January 09, 2009 Exxonmobil corp., the world's largest crude oil refiner, supports taxing carbon dioxide as the most efficient way of curbing greenhouse gas emissions, its chief executive said. "As a businessman, it's hard to speak favourably about any new tax, but a carbon tax strikes me as a more direct, more transparent and more effective approach," Rex Tillerson, CEO of the Irving, Texas based company, said Thursday at the Woodrow Wilson international center for scholars in Washington. At a Dec. 11 event in Chicago, Tillerson, 56, said he preferred a carbon tax to carbon trading programs such as the type used in Europe. A trading program, known as 'cap and trade,' "inevitably introduces unnecessary cost and complexity" that reduces effectiveness, said Tillerson. They require a vast expansion of regulation, he said. a carbon tax "can be more easily implemented" and is the "most efficient means of reflecting the cost of carbon," said Tillerson. "Such a tax should be made revenue neutral," he said, which requires other taxes to be lowered so that the overall tax burden isn't increased. © The Calgary Herald 2009 article of origin; http://www.canada.com/calgaryherald/...4-7e64e2b176ef |
01-11-2009, 09:02 AM | #2 |
Avalon Senior Member
Join Date: Sep 2008
Location: Sydney, NSW, Australia
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Re: Exxon supports carbon tax; What's that?
An obvious con.
It will be as effective as the tax on alcohol or tobacco was in the UK. Pathetic - but sadly predictable. A.. |
01-11-2009, 04:08 PM | #3 |
Avalon Senior Member
Join Date: Sep 2008
Location: Texas
Posts: 78
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Re: Exxon supports carbon tax; What's that?
This tax will become the first truely global tax, if it's actually ratified. The U.N. has been wanting a tax like this since it's inception. How else will they be able to support a global military?
We support this idea at our own peril! Best to all, Seekntruth |
01-11-2009, 04:27 PM | #4 |
Avalon Senior Member
Join Date: Oct 2008
Location: On this Rock
Posts: 1,390
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Re: Exxon supports carbon tax; What's that?
Just another bullsh it tax to pass on to the consumer
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