“Barack Obama may consider introducing a tax on carbon emissions to help cut the U.S. budget deficit after winning a second term as president, according to HSBC Holdings Plc. A tax starting at $20 a metric ton of carbon dioxide equivalent and rising at about 6 percent a year could raise $154 billion by 2021, Nick Robins, an analyst at the bank in London, said today in an e-mailed research note, citing Congressional Research Service estimates. In China, the world’s biggest emitter, greenhouse gases from fuel use rose more than 9 percent in 2011.”
Related posts:
Hurricane Sandy: Local residents banned from barrier island up to 8 months
Italian showdown with Germany as Enrico Letta rejects 'death by austerity'
Amazon-owned Whole Foods 'temporarily' halts GMO labeling program
How CEOs are clueless about technology
Japanese Troops Storm California Beach as Marine Power Eyed
Half of families suffer in NHS hospitals, study finds
U.S. criticizes ‘unnecessary’ EU rules on genetically modified crops
Army: Drone strike ‘condolence payments’ for targets killed ‘an expression of sympathy'
At least six tanks leaking at military nuclear waste dump in Washington state
Quality the priority over timing for Yangon Stock Exchange opening
Louisiana police chief indicted on child rape charges
Kerry downplays new reports of NSA spying on allies
An ‘aporkalypse’ has Texas fighting losing battle against feral pig menace
TSA bomb-sniffing dog bites woman at Hartsfield-Jackson
Senator: Contractor that vetted Snowden is under investigation