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Read My Lips – The Only Way to Carbon Tax

By Energy Rant One Comment
Last August I discussed a truce from the left to the right on climate change – Climate Change IV, Diverse Thought Anyone? Last week, to advance the story, I alluded to further potential solutions described by Grist and the "eco right's" bold idea to advance a carbon tax as a solution. Here we go! There are a bunch of reasons a carbon tax is a bad idea, but to my surprise, I was able to conceive a carbon tax plan that may work, be revenue neutral, and not be corrupt. A New Tax Meets With Conservative Principles? First, let me...
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One of these Days

By Energy Efficiency, Energy Rant No Comments
Our friends at the American Council for an Energy Efficient Economy (ACEEE) have published another source report worthy of a post on this blog.  The title of this report is Frontiers of Energy Efficiency: Next Generation Programs Reach for High Energy Savings, which can be found here. The report is quite a detailed whomper, but I gravitated to the commercial and industrial sections of the Executive Summary to see what they have to say.  They are singing our (Michaels) song all the way baby, and we can hum to that tune.  Only my dogs will listen to my lyrics in...
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A Radical Idea

By Energy Efficiency, Energy Rant, Government, Tax Stuff, Utility Stuff One Comment
This week I was gleeful to find American Council for an Energy Efficient Economy released a study on my two favorite subjects on which to rant: taxes and energy efficiency!  Yeah! I blogged about tax-distorting effects of EE about a year ago in EE V IRS,with many of the same arguments noted in the recent ACEEE paper.  The ACEEE paper points out that: Since the cost of energy is a business expense, it is tax deductible and therefore, the tax code penalizes to the tune of 35% the bottom line improvement from saving energy.  As I mentioned in EE V...
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Black Monday Stampede

By Energy Efficiency, Energy Rant, Stimulus, Tax Stuff, Utility Stuff No Comments
July 1992: Tickets for U2’s ZooTV show at RFK stadium in Washington, DC go on sale by Ticketmaster.  The tickets are snapped up in a few hours, as fast as the phone lines could handle the traffic.  This was before anyone knew what the internet was (no Al Gore jokes).  Fortunately, a second date was announced and the roommate waited for the crack of 12:00:00 AM for a shot at the second batch, successfully. March 1, 2010:  Federally funded rebates become available for efficient appliances in Iowa and Minnesota.  Phone lines jammed with 10 times expected volume and internet traffic...
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Policy to Curb Carbon

By Energy Efficiency, Energy Rant, Stimulus, Tax Stuff No Comments
Any carbon-reduction policy that includes paying Washington for permits to emit carbon is the wrong way to go.  Why?  Two words.  Social Security. Washington has no spending restraint.  Earmark nation is alive and thriving.  Everyone has heard of the Social Security Trust Fund; Al Gore’s “lock box”.  Social Security has been running surpluses in the hundreds of billions of dollars per year for a long time.  If you think your payroll taxes are piling up for your retirement in a bunker under Washington somewhere, you are sorely mistaken.  Our profligate government has been taking the surplus and spending it on...
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