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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. Comparing taxes between 2012 and 2015 yields a disconcerting result. Governments should do more and better.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. —PCAST letter to the President. The six key components are: 1.

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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

The Assessment Framework—the first transparently published methodology worldwide—will be used to determine which tax and non-tax measures constitute an inefficient fossil fuel subsidy. C, and account for the availability of credible alternative energy sources.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. The post Tesla Semi will be incredibly affordable with US’ revamped EV tax credit appeared first on TESLARATI.

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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

Green Car Congress

However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally.

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Exxon/Mobil Guilty of Climate Change Coverup. Now Ordered Out of Torrance 3 Years Sooner.

Creative Greenius

But now that I’ve found out they’re still lying and covering up their role in climate change and the size of their own carbon footprint, I’m going to have to get tougher with them. I initially gave Exxon/Mobil till 2020 to get out of Torrance and clean up their toxic mess here in my town.

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LSE report concludes UK carbon tax would do nothing to reduce European-wide greenhouse gas emissions

Green Car Congress

The UK Government is currently consulting on a carbon floor price or tax which would mean that UK electricity companies would have to pay extra for the carbon they emit. Until now power generators have been exempt from the Climate Change Levy, the closest thing that the UK has to a carbon tax.

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