President Obama has proposed a $10 per barrel tax on carbon fuel.

Jump to Last Post 1-3 of 3 discussions (9 posts)
  1. jackclee lm profile image80
    jackclee lmposted 2 years ago

    Do you think this is a good idea considering oil prices are at a historic low right now? Whether you agree with climate change or not, do you think this is the best policy to fund and incentivize renewable energy? What are alternative solutions or policy that will be better suited?

    1. profile image0
      ahorsebackposted 2 years agoin reply to this

      If renewable energy sources cannot  stand on their own without the  constant subsidization we are seeing today , it shouldn't be force-fed  growth by taxation . Subsidization is the ruin of our economy today .   From  cattle growing to ethanol ,   from  cheese making  start ups to energy company  subsidies .  Enough is enough .

      Wind tower cost  -  say a million dollars ,  development subsidy  a million  and a half ,   guaranteed  power rates = 20% higher than  power by other sources , local ,state , federal tax breaks?  ..........Just who's paying for the end  factor - the tax payer .

      Carbon tax trading ?  Who gets them  and who do they sell them to ? Coal companies ?

      Nothing but corporate welfare !

      1. jackclee lm profile image80
        jackclee lmposted 2 years agoin reply to this

        I totally agree with you. What do you think is a better policy for government to pursue to help with renewable energy ?

    2. wilderness profile image98
      wildernessposted 2 years agoin reply to this

      I have to agree with ahorseback - if a company/product/idea can't stand on it's own merit we should not be subsidizing it.  This is nothing more that increased "corporate welfare" that we hear so much about and that we all hate - another effort to squeeze more money from the consumer so politicians can gather a little more power into their hands.  I also absolutely detest the idea that government should be in business of simply taxing out of existence anything they don't like people doing.  It's a "back-door" approach that we've come to commonly use as a method of hiding what is actually happening and is disgusting and immoral.  A modern "snake oil" method of lying to and deceiving people.

      Government doesn't need to "help" with renewable energy outside, perhaps, of funding research.  It would be a shame, for instance, if the only people that can find new, improved methods of making solar cells are giant corporations that then use the knowledge to extract profits at obscene levels.  Better to let government do the research (at the inflated cost levels that is the only way it can operate) but then make the information freely available to American companies.

      Of course, even that is rife with fraud.  Which research is worth pursuing?  Which might produce the most good?  What's the potential cost/benefit of the research?  Personally, I'd fund fusion power and perhaps batteries but probably not wind or solar - others will disagree, and we'll all disagree on who should be paid to DO that research as well.

      1. jackclee lm profile image80
        jackclee lmposted 2 years agoin reply to this

        Very true. I do like the idea of a tax holiday for renewable energy profits. If they ever get to a profitable state.

        1. wilderness profile image98
          wildernessposted 2 years agoin reply to this

          Why?  Another "subsidy" for big corporations?  Another increase in their profits at taxpayer expense?

          I'm basically against any form of government providing subsidies to companies; if they can't stand on their own profits then they should not exist.  Social Engineering via the tax code always leads to abuse; A great example is the big solar cell plant in my state that was being constructed almost entirely through subsidies, from land to sales tax to energy credits for the electricity being used.  It never even made it into production status before the owner took their profits and left!  Now we're stuck with rising electricity rates because of the millions that company didn't have to pay, and nothing else.

          We're also seeing rising rates because of renewable energy: the law requires that our electric company purchase that power even though it cannot use it.  Renewable energy has become a big bandwagon every politician wants to jump on, and every time they do our cost goes up again.  Give them a tax break and the consumer has to pay more in their taxes (politicians aren't going to reduce their spending of our money and that means somebody has to pay).  This kind of artificial engineering through "loopholes" promoting some special political project has to stop, not grow.

  2. Don Bobbitt profile image95
    Don Bobbittposted 2 years ago

    When a person is so out of touch with the reality of living in the US as a normal working class man with his existing tribulations, they can think increasing a tax that penalizes these same people with higher food costs, higher day to day expenses and more, is better than

  3. profile image0
    ahorsebackposted 2 years ago

    Al governments , but especially Obama's , are for increased revenues anytime !   Another ten million in revenue , another increase in the SIZE of government .  Why , ?  Got to have another dept.  to regulate it , with    another ten thousand federal employees .


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)