Loading ...With midterm elections over, the EPA has quietly proposed $190/ton estimate for the social cost of carbon — nearly quadruple the current $51/ton.
This would correspond to about $6/gallon gas tax.
https://www.eenews.net/articles/epa-floats-sharply-increased-social-cost-of-carbon/
CLARIFICATION
$6/gallon gas price increase (tax) comes from $600/ton SCC estimate in 2080
The current proposal is “only” $2/gallon at $190/ton SCC.
Trump administration put the SCC at $1/ton [one dollar].
So new tax is only double original forecast………
I came to the conclusion that tax, taxes and taxation is criminal and anti-liberty. PS … approx. 100 year ago income tax did not even exist.
Carbon tax is like ESG and is a tool to restrain freedom.
Humans are carbon based life forms.
“About 50% of the dry mass of a human is carbon”
“Decarbonisation” is now the popular narrative with the G20 conference.
All the presentations refer to this as the objective.