UN Climate Change report calls for massive gas tax, ‘unprecedented’ societal changes

by WorldTribune Staff, October 9, 2018

Carbon dioxide emissions will need to be taxed as high as $27,000 per ton by the end of the century, which would amount to a $240 per gallon tax on gasoline for Americans, a United Nations special climate report said.

Greenpeace banner outside the IPCC conference in Incheon on Oct. 8. / Getty Images

To effectively limit global warming, societal changes that are “unprecedented in terms of scale” are needed, said the Intergovernmental Panel on Climate Change (IPCC) report.

By 2030, a carbon tax would need to be as high as $5,500 per ton – the equivalent of a $49 per gallon gas tax, according to the report, which was released on Oct. 7.

The IPCC said the ultimate goal is reducing emissions enough to keep projected warming below 1.5 degrees Celsius, which is the goal of the Paris climate accord.

Appalachian State University environmental scientist Gregg Marland told The Associated Press that the IPCC report is so unrealistic it’s akin to an academic exercise wondering what would happen if a frog had wings. “I just don’t see the possibility of doing the one and a half,” he said, noting that for now even limiting warming to 2 degrees Celsius seem unlikely.

President Donald Trump withdrew the U.S. from the Paris accord last year.

The Daily Caller noted that “California and many European countries have policies to price carbon dioxide emissions, including cap-and-trade systems and carbon taxes, but carbon prices under those systems are nowhere near where the IPCC says they need to be.”

A resolution opposing carbon taxes was passed by Republicans in Congress in July.

Democrats called for a tax on carbon dioxide in their 2016 party platform, “but haven’t made much of an effort on that front since the failure of cap-and-trade legislation in 2010,” the Daily Caller noted.


Subscribe to Geostrategy-Direct __________ Support Free Press Foundation

Share This Post! Want to help out the Free Press in America? If you enjoyed this article we'd really appreciate a quick share. Every share makes a big difference and helps us focus on what we do the best: The news! Thanks from World Tribune Editors and Correspondents!

FACEBOOK Comments

Login To Your FaceBook to Make Comments

You must be logged in to post a comment Login