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Exxon’s carbon tax proposal: there’s a big catch - Vox
Pricing carbon dioxide at $40 per ton is nowhere near enough to fight climate change
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The global median social cost of carbon is $417 per ton.
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disclosing greenhouse gas emissions and the risks of climate change to business operations is another critical step companies can take to aid policies around global warming. However, Exxon has long fought climate disclosure efforts, even from their own shareholders.
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Exxon's pledged $500k/y over 2yrs is way less than Exxon spends on basically anything else: [...] climate denial via 'think tanks' & politicians; anti-carbon pricing legislation (yep!)...

Exxon emitted 127 million tonnes of CO2 in 2013
https://en.wikipedia.org/wiki/Carbon_tax#United_States

At $40 per ton, this would mean a carbon tax of $5.08B.

Exxon earned $20.84B in 2018
https://en.wikipedia.org/wiki/ExxonMobil
politics  climate  climatechange  carbontax  taxes 
august 2019 by xavi
Twitter
RT : This thread summarizes our main results, explaining the defeat of the by ideological polarization and an…
CarbonTax  from twitter
june 2019 by bobpoekert
Climate change policy: Oregon is poised to cap economy-wide greenhouse gas emissions - Vox
Oregon will set a statewide cap on emissions. Every entity emitting more than 25,000 metric tons of carbon dioxide equivalent (CO2e) must purchase allowances equal to the tons of CO2e they emit. Over time, the number of allowances available steadily declines — 45 percent below 1990 levels by 2035, and 80 percent by 2050.

Carbon allowances are initially auctioned. Like California’s, Oregon’s auctions will have both a “price floor” (below which prices may not fall) and a “price ceiling” (above which they may not rise), as well as a reserve of allowances set aside to stabilize prices in the event of unforeseen fluctuations.

After they’re auctioned, allowances are tradable. If an emitting entity buys more than it needs, it can sell them or “bank” them for use in future compliance periods. (Some critics, cognizant of California’s problem with oversupplied allowances, are not fans of the banking feature.) The system effectively makes carbon emissions into an increasingly scarce currency.

And note: Because Oregon will be part of the WCI, it can buy allowances from, and sell them to, entities in California or the provinces too.

The cap covers all fossil fuels distributed in Oregon (including transportation, heating, and industrial fuels), all electricity generated or imported for use there, and a range of industrial processes that produce GHGs as a byproduct. All told, roughly 100 entities, representing 80 percent of the state’s GHG emissions, would be covered by the program.
carbontax 
june 2019 by zryb
Twitter
Africa is certainly at the forefront, first bans plastic bags, now announces
cc.…
Kenya  CarbonTax  SouthAfrica  from twitter_favs
may 2019 by TomRaftery
Nudging out support for a carbon tax | Nature Climate Change
nudges aimed at reducing carbon emissions could have a pernicious indirect effect if they offer the promise of a ‘quick fix’ and thereby undermine support for policies of greater impact.
carbontax 
may 2019 by zryb
Green New Deal: Last Week Tonight with John Oliver (HBO) - YouTube
"With the Green New Deal sparking a national conversation about all the ways to combat climate change, John Oliver looks at a few potential solutions."
greennedeal  2019  policy  climatechange  globalwarming  carbontax  emissions  billnye  humor  politics  us  canada  uk 
may 2019 by robertogreco
Twitter
The IS the conservative answer to climate change. But and aren't even conserv…
carbontax  from twitter_favs
may 2019 by mrchrisadams

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