Exxon to Congress: Give Us A Carbon Tax, Please!

Exxon's CEO has joined Al Gore, Dr. James Hansen, and others on the forefront fighting climate change in requesting a carbon tax, though they make in clear it should be in lieu of cap & trade, the method favored by the Democrats.

"The chief executive of Exxon Mobil Corp. for the first time called on Congress to enact a tax on greenhouse-gas emissions in order to fight global warming.

Rex Tillerson said that a tax was a "more direct, a more transparent and a more effective approach" to curtailing greenhouse gases than other plans popular in Congress and with the incoming Obama administration.

The policy he is advocating is often called a carbon tax because it would be imposed on emissions of carbon dioxide, the most common man-made greenhouse gas.

Carbon taxes have been politically unpopular. "Calling for a carbon tax could be a ploy because few observers believe such a tax is politically feasible in our Congress," says Daniel J. Weiss, a fellow at the Center for American Progress, a left-of-center think tank in Washington.

ConocoPhillips and the U.S. divisions of BP PLC and Royal Dutch Shell PLC have all supported a cap-and-trade solution."

Thanks to Mark Boshnack

Full Story: Exxon CEO Advocates Emissions Tax



Irvin Dawid's picture

Newsweek/WP Reports "Exxon Chief Embraces Carbon Tax"

When the Exxon CEO was asked, "How much of a carbon tax?", Rex Tillerson replied "somewhere north of $20 a ton."

This is actually a good place to start. Experts have suggested that figure as well, but that it be increased from there...incrementally.

See Exxon Chief Embraces Carbon Tax, Jan. 9

Irvin Dawid, Palo Alto, CA

Brand new! Urban Grid City Collection

Each city has its own unique story. Commemorate where you came from or where you want to go.
Grids and Guide Red book cover

Grids & Guides

A notebook for visual thinkers. Available in red and black.
building block set

Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
Red necktie with map of Boston

Tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.