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Stark: CBO says carbon tax a good idea

By Josh Richman
Friday, February 15th, 2008 at 1:15 pm in Global warming, Pete Stark, U.S. House.

pete-stark.jpgRep. Pete Stark, D-Fremont, apparently was feeling vindicated Friday, sending out a news release calling attention to the Congressional Budget Office’s new report that evaluates proposals to reduce carbon dioxide emissions. The report concludes that a carbon tax “would be the most efficient incentive-based option for reducing emissions and could be relatively easy to implement.”

Stark last April introduced the Save Our Climate Act to impose a tax on carbon-based fossil fuels and slow climate change. Under his H.R. 2069, an initial tax of $10 per ton of carbon content would be assessed on coal, petroleum and natural gas when these fossil fuels first are taken rom the ground or imported into the United States. The tax would increase by $10 each year, freezing when a mandated report by the Internal Revenue Service and the Department of Energy determines carbon dioxide emissions have decreased by 80 percent from 1990 levels.

“A carbon tax is our best hope of responding to climate change before its too late,” Stark said in today’s news release. “The Congressional Budget Office report confirms what other economists have been saying for years. A carbon tax would be predictable, transparent, universal and difficult to game. I strongly encourage my colleagues to support a carbon tax as the most sensible solution to the most significant environmental challenge we face.”

Got thoughts on this? Don’t just comment here — go talk to Stark about it. He’ll be holding three town-hall meetings tomorrow, Saturday, Feb. 16: 9 to 10 a.m. in Fremont City Hall’s council chambers, 3300 Capitol Ave.; 10:30 to 11:30 a.m. in Hayward City Hall’s council chambers, 777 B St.; and noon to 1 p.m. in the Earhart School’s multipurpose room, 400 Packet Landing Road in Alameda’s Bay Farm Island section.

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  • gnubi

    Sure, tax CO2 and while you’re at it, tax me for water vapor, too, because that affects global warming even more than CO2 emissions. In fact, tax me for oxygen use because that only leads to more CO2 production.

    Also, tax me for riding my bike because that makes me use more oxygen which leads to more CO2 production. And it makes me sweat which releases more water vapor which causes more global warming. There you go, a special tax for fitness centers. Out of the box thinking.

    Generations unborn are going to find this period of history an endless source of bewilderment.