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Historic step for carbon tax in Washington Legislature
Feb 2, 2018
OLYMPIA, Wash. - A historic moment is at hand in the local fight against climate change. For the first time, a carbon tax has passed out of the Senate Energy C committee in the Washington State Legislature. And supporters say this is likely the first time a carbon tax has passed a legislative committee anywhere in the country.
Washington governor proposes new carbon tax
Inslee’s plan would tax oil and gas emissions, and emissions by power plants, at a rate of $20 per metric ton beginning in mid-2019. The tax rate would increase annually by 3.5 percent. “Now is the time to join in action and put a price on carbon pollution,” Inslee told legislators. “Doing so will allow us to reinvest in all the things that drive down emissions.”
The tax would generate an estimated $1.5 billion in new revenues over the first two years, and $3.3 billion over the first four years, Inslee's office said. Some of those costs would be borne by consumers in the form of higher electricity, natural gas and gasoline prices.
Source - Kiro
The carbon tax would add an additional 9 cents a gallon beginning in 2019. The tax would go up each year until it reached a cap of 30 cents a gallon. There would be rebates for low-income citizens.
An analysis by the Washington Policy Center estimates the average family will spend $125 more on gasoline per year in 2019, and $375 more a year in 2029 if the tax is approved.
“If you are a person in Washington State who works for a company that manufactures a product, if this bill passes there is a very good chance you will no longer have a job,” said Ferndale Sen. Doug Ericksen.
Source - Inside Climate News
The measure was unpopular with social justice groups and divided environmental activists, many arguing it did not go far enough in promoting clean energy.
The bill would affect Colstrip owners Puget Sound Energy and Avista Corp., two of the power plant’s six utility owners.
Carbon Tax is Gaining Momentum - What to Expect
originally posted by: projectvxn
Go for it. Let's try it on Washington.
See how the experiment goes.
originally posted by: neo96
They literally want to tax the air.
Taxing the water?
The carbon tax is about as stupid as it get's.
The climate is a perpetual motion engine(something some say doesn't exist).
I know let's create yet another layer of taxation.