Sunday, April 20, 2014
YOLO COUNTY NEWS
99 CENTS

Carbon fees and dividends

President Obama’s State of the Union speech offered a renewed call to action on climate change. The president said the time to act is now. And he again framed the issue in the context of our moral responsibility to leave a safe, stable climate for our children.

Our federal representatives — John Garamendi, Barbara Boxer and Dianne Feinstein — are among the leaders in moving this agenda forward.

Carbon taxes are a step in the right direction but not popular with Republicans. The carbon fee and dividend initiative offered by Citizen Climate Change is another good option. The fee is paid at the source (well, mine or port of entry) and the dividend goes to U.S. citizens. The ultimate effect is to even the economic playing field for renewables trying to compete with Big Oil.

Elizabeth Boardman
Davis

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Discussion | 15 comments

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  • greg johnsonFebruary 02, 2014 - 10:39 am

    And he again framed the issue in the context of our moral responsibility to leave a safe, stable climate for our children. I would like to know where he stands on leaving our children bankrupt. I think the climate change discussion is important but I also think the president is very careless with spending. We should not be thinking about utopia now (Obamacare, free pre-school for everyone, etc., etc.) when we are going to leave our children in default. I think I read that the suicide rate in Greece tripled since the crash. Is that what we want for the next generation? This president, although I believe good-hearted, has been a fiscal nightmare.

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  • ontFebruary 03, 2014 - 1:05 am

    If you followed the news at all you would know that the president spent several years trying to get a long-term budget deal done with the GOP House but they came up with one excuse after another for doing nothing. They would rather continue to demonize the president as a socialist dictator than work with him. As far as “utopia," why is prohibiting discrimination on the basis of health history by insurance companies “utopia” while tax free health insurance through an employer is not?

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  • Greg JohnsonFebruary 03, 2014 - 1:11 pm

    If you had a grip on reality ONT, you'd know that Obama (and Reid and Pelosi for that matter) are always looking to tax and spend more. Stupid government policy and FED policy are going to bury us for good. I would have no problem with legislation to cover pre-existing conditions. I think time will reveal that Obamacare was not the answer. Pull your head out of the msNBC toilet and take a look around.

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  • ontFebruary 05, 2014 - 2:16 am

    Good to know you've come around and now support the primary reform of the ACA. However, "msnbc toilet" isn't your strongest work.

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  • greg johnsonFebruary 05, 2014 - 7:36 pm

    If you have ever let yourself escape the winds of the hurricane rant that occupies your mind, you would know that I have always favored the preexisting condition non-exclusion concept, along with some other ideas. What I did not favor was a monster-sized, never thought out, never read, EGO TRIP that will probably take down an already struggling US economy. Happen to read about the latest Ultra-Right CBO study which indicates the decimation of about 2 MILLION FULL TIME JOB EQUIVALENTS by 2017 (which probably means 3-4 million current jobs since more people are working part-time) courtesy of Obamacare. Give me your best msNBC response to that one!! Can you say "JOB KILLER""??? BTW, did you get the link I sent you about that other ULTRA RIGHT university (BERKELEY) which shows that Obamanomics has given 95% of the wealth recently to the top one percent?? Hope and change, yeah!!!

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  • ontFebruary 07, 2014 - 12:39 am

    The insurance companies can’t afford your socialist utopia where they are forced to hand out insurance to the sicklies. Insurance will be too expensive as the pool of insured will shrink and eventually consist of only the sickest invalids, driving rates higher and eventually our patriotic job-creating insurance companies will go under. There’s no free lunch, that’s just common sense.

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  • ontFebruary 07, 2014 - 12:48 am

    It’s funny you think you’re quoting the CBO projections when you’re really only projecting your own distorted world view, as usual. Right-wingers used to write about how “job-lock” was a bad thing but now that ole’ Obama has successfully passed universal healthcare that allows decoupling of jobs and health insurance for a small segment of the population they go berserk. The Obama hatred on the right is so unglued, throwing non-stop fits when he endorses one of their old ideas, it really makes one wonder where it comes from. Besides the extra freedom afforded to some early retirees and entrepreneurs, the CBO said the ACA will insure 25 million people, all while reducing the deficit. 25 million will have health insurance finally, but who cares right? They can try the emergency room asking for their dialysis,pap smears, chemo etc. as far as most in the gop care. I can’t believe Boehner and Co. were lying to us. Oh well, there’s still the death panels the GOP made up so surely hundreds if not thousands of seniors are stacking up in the morgues like so many pallets. Obama the Kenyan Dictator must have made the CBO take that out of their report.

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  • ontFebruary 07, 2014 - 12:53 am

    "BTW, did you get the link I sent you about that other ULTRA RIGHT university"....... No I don’t follow all your driblings on this website too bad I missed your study. I did recently read that a team of researchers has concluded that reading one “Greg Johnson” comment is the equivalent of downing a liter of vodka in one sitting, in terms of the effect on cognitive functioning. Those silly academics, wasting time documenting the obvious. Still, scary to think how much more impaired you need to be to write the comments.

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  • Greg JohnsonFebruary 08, 2014 - 12:51 pm

    ONT, you specifically asked where I heard that 95% of the wealth created in the past several years went to the top one percent. I sent you the link because I though you were interested. If you google it (UC Berkeley) you can find it. But, I don't imagine you want anything to interfere with your skewed view of the world.

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  • ontFebruary 08, 2014 - 6:19 pm

    No, you're mistaken (in the Olympic spirit I won't point out, "as usual"). I never asked you about this source/study.

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  • Greg JohnsonFebruary 08, 2014 - 12:46 pm

    ONT, the US economy is shedding jobs. It would be great if we had an automated world where we could all play cards and get back rubs all day long. BUT, in the real world we need someone to pull the wagon. Most of us work because we have to-for money and/or health insurance. Anything that makes jobs go away in this fragile economy is BAD POLICY!!

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  • ontFebruary 08, 2014 - 6:17 pm

    The CBO said workers could choose to work fewer hours now that they have an option besides employer tax-advantaged health insurance, not that there would be a change in employer demand for their jobs. The availability of insurance in the individual market allows more individuals to strike out on their own and start businesses. Less entrepreneurially-inclined workers can apply for their old slots. The CBO also said that premiums were 15 percent less than predicted, the cost of the ACA less than predicted, and that it reduces the deficit. The morally bankrupt Republicans have told one lie after another about the law to keep 25 million Americans from having health insurance.

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  • MLFebruary 03, 2014 - 4:24 pm

    Obama has added $7 Trillion to our national debt, and just kicks the can down the street. Now since he wants to drive the price of gas and coal up for average Americans, he could at least build 30-40 nuclear power plants, which emit no CO2. The IPCC report suggests building 1,000 nuclear power plants.

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  • Rich RifkinFebruary 08, 2014 - 7:49 pm

    "ONT, the US economy is shedding jobs." ............ According to the latest BLS numbers from its "Employment Situation Summary Table A. Household data, seasonally adjusted," the U.S. is not 'shedding jobs.' It added about 2 million jobs in the 12 months Jan 2013 to Jan 2014. And virtually all of those are full time jobs. Of the 145.2 million employed persons, only 6.9 million work part time because of 'business conditions' or 'Could only find part-time work.' There are another 19.17 part-time workers who prefer to work part-time.

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  • greg johnsonFebruary 08, 2014 - 9:11 pm

    Rich, the labor force participation rate just inched up from a 35 year low this month. The CBO estimates another 2 million FTEs will be lost by 2017. This is a BAD situation. Demographic changes are a big enough stress without encouraging people ("disincentivising" I think one of Obama's economic advisers called it) to rely more on government. Median income is down about 6 plus percent (not looking at the figures as I type) and another recent study suggests another 2 percent or so will be knocked off with Obamacare. I appreciate your attempt at neutrality, but this is, as Romney called it "the road to Greece". Notice the stress in the market with the Fed threatening withdrawal? Also, notice that the market (and gold) rallied on a poor jobs number? To me that implies that the market believes the Fed will "taper the taper"as Art Cashin called it. The Fed knows this economy is in trouble.

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