Quotes & Sayings About Carbon Tax

We need to put a price on carbon, and that's what cap-and-trade does and that's also what a CO2 tax does. As long as our current valuation in the marketplace tells us every minute of every day that it's perfectly all right to dump 90 million tons of global warming into the thin atmosphere surrounding the planet every 24 hours as if that atmosphere is an open sewer, then the individual actions are not going to solve the problem. — Al Gore

I'm worried about economic growth in the United States. And the creation of jobs, output, and employment. And if you tax people who work, you're going to get less people working. And what the carbon tax would do is remove the tax from people who work and put it on a product in the ground. — Arthur Laffer

The United States is absolutely ripe for a rise in gasoline taxes. The nominal gasoline excise tax rate has been fixed at 18.4 cents per gallon since 1994.29 Inflation alone has reduced the real value of that tax per gallon by around 30 percent. As with other federal tax rates, the U.S. excise tax rate on gasoline is extremely low by international comparison. We might conservatively assume that by 2015 an extra 0.5 percent of GDP could be collected by some combination of a higher gasoline excise tax and modest carbon levies on other fossil fuels (such as on coal at the utilities). Other — Jeffrey D. Sachs

I'd like to see a little more action on the energy side of things. I've been pushing for some kind of a carbon tax for years, and it seems to me we've had lots of opportunities to do it. — Robert F. Engle

We know taxes slow down economic growth, so if you add a carbon tax you have to also minus other taxes. You can't take more money out of people's pockets. I don't think you can build a consensus in this country about environmental policy if you're going to make people poor. — Christy Clark

If you had a carbon tax, you'd have less cars and more bicycles, more people getting around on foot and by public transport. — Richard Rogers

A carbon tax by itself would make driving more expensive, that's very true. But in exchange for that, there are going to be more jobs, more output, more employment, and more products available. So really, as long as you're going to collect the revenues you're going to collect, you're going to have to trade off one tax for the other. — Arthur Laffer

Society has to get a grip and put a tax on carbon. Of course, there is much that flows from that, and it is a complex situation. The small details of something such as climate change are political and social, and they are a lot about fairness and how we rebalance towards a fairer society. — Richard Rogers

What you do by having an income tax rate reduction across the board, you really provide great incentives for people to work, produce, and increase output. So I would support a carbon tax in replacement for a progressive income tax. — Arthur Laffer

You should be attacking the carbon emissions, period, and whether it's cap-and-trade or carbon tax or whatever, that's the realm in which we should be playing. — Joe Biden

Only dramatic cuts in the federal deficit, a rollback of regulations that cripple small and community banks, a cancellation of future tax increase plans, a big reduction in federal spending, repeal of Obamacare, freeing manufacturing from the prospect of carbon taxation and unleashing out domestic energy potential can solve our problems. But Obama is not about to undo his legacy of disaster for the American people. — Dick Morris

The upshot is the following: Perhaps 4 percent of extra GDP could be collected as of 2015 mainly by taxing the rich (2 percent), tightening corporate taxation (1 percent), strengthening tax enforcement (0.5 to 1 percent), taxing financial transactions, and taxing carbon emissions (0.5 percent). Introducing a VAT would raise even more revenues and could be phased in over several years. The point is that there are lots of options, and most of them could be concentrated near the top of the income distribution, where they belong. How — Jeffrey D. Sachs

I also think that if you want to put a price on carbon, why not just do it with a simple tax? Why not ask motorists to pay more, why not ask electricity consumers to pay more and then at the end of the year you can take your invoices to the tax office and get a rebate of the carbon tax you've paid — Tony Abbott

The reason we should do a carbon tax is because it's the right thing to do. It's economics 101, elementary stuff. — Elon Musk

Scratch the surface at conservative think tanks and universities that house free-market economists, and it's not hard to find proponents of a carbon tax. — Nina Easton

Hy is it you can impose a new tax and keep your economy growing? Only if you cut other taxes by exactly the same amount. The problem with carbon taxes around the world has been you dump a new tax onto the economy and it's just adding more tax. — Christy Clark

The discussion about energy options tends to be an intensely emotional, polarised, mistrustful, and destructive one. Every option is strongly opposed: the public seem to be anti-wind, anti-coal, anti-waste-to-energy, anti-tidal-barrages, anti-carbon-tax, and anti-nuclear. — David J. C. MacKay

Coal is the moral choice, particularly for the developing world ... The model for the world right now should be Australia. Australia gets it. Scientifically they get it, politically they get it and particularly when it comes to the United Nations, they get it. They are pulling out of this, they are repealing their carbon tax and Canada seems to be intrigued by what Australia is doing. — Marc Morano

For the U.S., I think we should have a carbon tax, for environmental reasons. — Tyler Cowen

Until we fully understand what turned two brothers who allegedly perpetrated the Boston Marathon bombings into murderers, it is hard to make any policy recommendation other than this: We need to redouble our efforts to make America stronger and healthier so it remains a vibrant counterexample to whatever bigoted ideology may have gripped these young men ... And the best place to start is with a carbon tax. — Thomas Friedman

The key players are now all in place in Washington and in state governments across America to officially label carbon dioxide as a pollutant and enact laws that tax us citizens for our carbon footprints. — John Coleman

Our climate leadership team has recommended it go up and I would say there's always going to be upward pressure to raise the carbon tax. Remember, we're already double what the only other province who has a carbon tax is at right now, Quebec - they peg it at about $15 a tonne. — Christy Clark

Putting a tax on carbon could be an effective approach for curbing global warming pollution. — Frances Beinecke

Ultimate success for a carbon tax would mean so complete a shift to renewable energy that the tax would stop raising much revenue at all. — Timothy Noah

Anything to do with any new form of tax, like consumption tax in Japan, carbon tax in Australia, these are big issues that cannot be easily decided. — Najib Razak

Carbon tax has the advantage of basically being able to subsidize one set of activities that you want with another set of activities that you don't want. It's like a cigarette tax. — Stewart Brand

You can't say British Columbia's carbon tax is exactly the same as increasing hydroelectricity rates in another province. They're very different mechanisms, but we shouldn't deny that both of them can have an impact, and that's why we're talking about this broadly. — Christy Clark

I think if you have mandatory carbon caps combined with a trading system, much like we did with sulfur, and if you have a tax-incentive program for investing in the solutions, that there's a package there that's very, very good, — Newt Gingrich

It may be that the carbon tax is the final chapter in the strange death of Labor Australia. — Richard Flanagan

I don't think any Australian will ever forget, there will never be a Carbon Tax under a government I lead. — Nigel Scullion

If you want to put a price on carbon why not just do it with a simple tax. — Tony Abbott

The carbon tax is the single biggest rolled gold example of Federal Labor not listening. — Campbell Newman

Given the large uncertainties at each major step of the case for reliance on a carbon tax, economists should reconsider their current support for such a policy. — Robert P. Murphy

I'm anti-tax, but I'm pro-carbon tax. — Elon Musk

We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax. — Robert F. Engle

Many retailers have complained bitterly to me about the complexity of the Carbon Reduction Commitment. It's not a commitment; it's a tax. — George Osborne