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Tag: "taxes"

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TAXES, DUST, AND OYSTERS: FEDS BUSY BUT WRONG, BY: DENNIS T. AVERY

The President is demanding hefty energy taxes to “save the planet.” Unfortunately the proposed reductions in U.S. greenhouse emissions would have virtually no impact on he earth’s temperatures—even if CO2 is the culprit that it doesn’t seem to be. A 22 percent correlation between CO2 and our thermometer record isn’t very strong evidence on which to rake away an annual $900 billion in extra “energy taxes.”

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WHAT’S THE REAL COST OF GLOBAL WARMING TAXES?, BY: DENNIS T. AVERY

CHURCHVILLE, VA—The leftish Brookings Institution and the U. S. Chamber of Commerce basically agree that the energy taxes in the House Waxman-Markey bill could total $9 trillion over ten years. As an economist, I look at these forecasts and wonder “How can we possibly know?”  
  
These estimates cover only the costs of the “user permits” [...]