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About UsCarbon Taxes Didn’t Help Norway
- Wednesday, October 1, 2008, 11:02
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Photo courtesy curran.kelleher.
In 1991, Norway enacted a punishing carbon tax - $65 per ton of greenhouse gas emitted. The result? Carbon emissions have risen 15% since that time. The country blames the increase on growth but, with gasoline at or near $10 per gallon, it seems no price is too much to pay for personal transportation. If you think this can’t happen in the United States, think again. From the article:
Although the tax forced Norway’s oil and gas sector to become among the greenest in the world, soaring energy prices led to a boom in offshore production, which in turn boosted overall emissions. So did drivers. Norwegians, who already pay nearly $10 a gallon, took the tax in stride, buying more cars and driving them more. And numerous industries won exemptions from the tax, carrying on unchanged.
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About the Author
iEntry has written 1962 stories on this site.
A social and fiscal conservative, I scour the news for information that disputes the current man-made global warming indoctrination that takes place around the world. I take a rather sarcastic approach to reporting on the nonsense being spewed by the talking heads in the media and the governments around the world.
