cap-and-trade

Could a Carbon Tax Prevent The Catastrophic Consequences of Climate Change That Obama Fears?

In recent days, President Obama has painted the risks of climate change in apocalyptic terms. Speaking in Anchorage, AK on Monday, Obama warned that without quick action to slow or reverse global warming, "entire nations will find themselves under severe, severe problems: More drought. More floods

September 1, 2015Howard Gleckman

Business Taxes: TaxVox

What’s Up With the No Climate Tax Pledge?

Do you know about the No Climate Tax pledge ? I didn’t until I read a column over the weekend by the Washington Post ’s always-interesting Catherine Rampell. The vow is sponsored by Americans for Prosperity, a conservative political advocacy group closely associated with the Koch brothers. And it

June 2, 2015Howard Gleckman

: TaxVox

Cap and Trade Plans, Tax Deadlines, and Rate Drops

Washington Governor Jay Inslee proposes a statewide cap and trade program. The Democrat released details of his carbon pollution market program that would give the state’s Department of Ecology authority to set annual goals aimed at reducing emissions to half of 1990 levels. Inslee would extend the

January 5, 2015Renu Zaretsky

Individual Taxes: TaxVox

Could EPA’s New Greenhouse Gas Rules Open the Door to a State-based Carbon Tax?

EPA’s proposed tough new standards for power-plant emissions of greenhouse gasses opens the door to new state or regional cap-and-trade systems to limit carbon discharges. It is less clear whether it would go the next step and permit states to impose their own carbon tax. The proposed EPA rules,

June 2, 2014Howard Gleckman

: TaxVox

Depreciation, Digital Economies, Carbon, and Oil

Appreciation for depreciation is really, really expensive. Perhaps unsurprisingly, the House Ways and Means Committee easily approved permanent restoration of bonus depreciation for capital investment yesterday. The Committee’s party-line vote would make permanent a measure to let companies write

May 30, 2014Renu Zaretsky

Individual Taxes: TaxVox

New Study: Tax Subsidies Do Little To Reduce Greenhouse Gas Emissions

The other day, President Obama proposed a modest and largely aspirational plan to respond to climate change. Unlike some of his past efforts, it did...

July 1, 2013Howard Gleckman

Individual Taxes: TaxVox

Gas Prices Are Too Low

GOP presidential candidates are blasting President Obama for not lowering the price of gasoline. Rep. Steve Scalise (R-LA) doesn’t stop there. He claims Obama is...

March 13, 2012Howard Gleckman

Federal Budget and Economy: TaxVox

Carbon Taxes: The Levy (Some) Conservatives Love

You know the Washington Rule: Liberals will never support spending cuts and conservatives will never back tax increases. Yet, there is one new levy that...

June 2, 2011Howard Gleckman