Quote:
Originally Posted by burn_this_city
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I wouldn't mind seeing a federal carbon tax or other climate change policies. The O&G industry should pay its fair share.
However, I'm just very very skeptical as to how he's going to go about it. O&G is only ~25% of our emissions. The other significant factors are transportation (cars), heating (houses), agriculture and other industries.
Those 4 factors, while emitting a similar amount to O&G, are basically political hand grenades. Adding a carbon tax would probably roll into gasoline, and people are weirdly sensitive to changes at the pump. Agriculture and manufacturing are two "protected" industries from a political standpoint. I just see a carbon tax policy that basically exempts everything except large producers and pipelines, and in order to have the O&G industry bear the load of the entire country's emissions targets, it'd have to be a crippling amount of tax.
For me, that's really the only worry, but again this is all hypothetical and most likely untrue, but something to think about.