10-28-16 – Vermont Should Learn from Nations Ditching Carbon Taxes

by Rob Roper

Proponents of a Carbon Tax for Vermont will admit, when pressed, that our small state doing this on our own will have absolutely zero impact on future climate trends. But, they say, if everybody did it we would have an impact. Though this theoretical scenario is highly debatable, the fact of the matter is everybody else is not doing it – quite the opposite.

France is the latest to ditch plans for a Carbon Tax. As Reuters reports, “Environment Minister Segolene Royal had said in May that France would unilaterally introduce a carbon price floor of about 30 euros ($33) a tonne with a view to kickstart broader European action to cut emissions and drive forward the December 2015 United Nations-led international climate accord…. “’In the current context, it is difficult, due to concerns about employment, legal difficulties and security of supply.’”

$33 per tonne, by the way, is just one third of the burden Vermont’s proposed $100 per tonne tax.

Back in 2014 Australia repealed a Carbon Tax that had been in place since 2007. At the time of the tax’s demise, Prime Minister Tony Abbot said, “Today the tax that you voted to get rid of is finally gone, a useless destructive tax which damaged jobs, which hurt families’ cost of living and which didn’t actually help the environment is finally gone.” Good riddance!

Vermont would do better to learn from these nations rather than vice versa.

Rob Roper is president of the Ethan Allen Institute.

{ 4 comments… read them below or add one }

jim bulmer October 28, 2016 at 9:25 pm

If everybody did it? Wow, if everybody robbed banks, the banks would go bust. “If everybody did it”, is weak and foolish at best.

Reply

William Hays October 29, 2016 at 4:04 am

Moot point. Shumlin is history.

Reply

Robert Quesnel October 30, 2016 at 3:12 pm

The carbon tax will destroy the dairy farmer business in Vermont. Because unlike other businesses they can not pass on their increased expenses because the price of milk is determined by the government. At this point they are hardly making ends more meet.

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James Hall November 5, 2016 at 12:34 pm

The dairy industry in Vermont is hanging by a thread anyhow. If the environmental people get their way, it will be done/gone in less than 10 years, sooner if carbon tax goes in.
The state and others refuse to consider all the pollution going into Lake Champlain from sources other than dairy farming, they are on a mission to kill it, the carbon tax is another item to compliment that plan.
If you don’t believe it, try carrying on a reasonable conversation with the bureaucrats in the environmental dept; it is an exercise in futility, because of the agenda there.

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