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FBaggins

(26,696 posts)
Wed Jun 11, 2014, 10:58 AM Jun 2014

Obama says he would like a price on carbon

President Obama hopes to one day have a price on carbon emissions as a policy to address climate change, he said in an interview for the Showtime documentary miniseries "Years of Living Dangerously."

Referring to a 1990s cap-and-trade program used to reduce emissions that contribute to acid rain, Obama told the New York Times' Thomas Friedman, who conducted the interview, "You can't keep dumping it out in the atmosphere and making everybody else pay for it. So if there's one thing I would like to see, it'd be for us to be able to price the cost of carbon emissions."

The Obama administration for the past few years has fought off questions about whether it planned to impose a carbon tax -- officials said it wouldn't happen. The existing power plant carbon emissions rule the Environmental Protection Agency proposed last week does leave states with an option to price carbon, such as through a cap-and-trade system like one currently operating among nine Northeastern states, though it doesn't require it.

http://washingtonexaminer.com/obama-would-still-like-to-see-a-price-on-carbon/article/2549519
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Obama says he would like a price on carbon (Original Post) FBaggins Jun 2014 OP
I don't see cap and trade as a GREAT benefit Leme Jun 2014 #1
I'd prefer a hard price FBaggins Jun 2014 #2
 

Leme

(1,092 posts)
1. I don't see cap and trade as a GREAT benefit
Wed Jun 11, 2014, 11:03 AM
Jun 2014

Capital will just move to more favorable places.
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For decades I have been of the opinion that some or many companies should be paying upfront for the costs of what they do. Pollution, garbage waste (nuclear waste, excess poor packaging for examples).

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