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‘Republican’ Companies Plan For Carbon Taxes

From a cheering New York Times:

Large Companies Prepared to Pay Price on Carbon

By CORAL DAVENPORT | December 5, 2013

WASHINGTON — More than two dozen of the nation’s biggest corporations, including the five major oil companies, are planning their future growth on the expectation that the government will force them to pay a price for carbon pollution as a way to control global warming.

The development is a striking departure from conservative orthodoxy and a reflection of growing divisions between the Republican Party and its business supporters.

Which, of course, is a division The Times wants to exploit.

A new report by the environmental data company CDP has found that at least 29 companies, some with close ties to Republicans, including ExxonMobil, Walmart and American Electric Power, are incorporating a price on carbon into their long-term financial plans.

Which means they are already raising their prices. Yippee!

Both supporters and opponents of action to fight global warming say the development is significant because businesses that chart a financial course to make money in a carbon-constrained future could be more inclined to support policies that address climate change…

Because nothing helps a company make money like another senseless tax.

But unlike the five big oil companies — ExxonMobil, ConocoPhillips, Chevron, BP and Shell, all major contributors to the Republican party — Koch Industries, a conglomerate that has played a major role in pushing Republicans away from action on climate change, is ramping up an already-aggressive campaign against climate policy — specifically against any tax or price on carbon…

And the New York Times is calling them out for destruction.

The divide, between conservative groups that are fighting against government regulation and oil companies that are planning for it as a practical business decision, echoes a deeper rift in the party, as business-friendly establishment Republicans clash with the Tea Party.

And, after all, what is more business-friendly than accepting a carbon tax?

This article was posted by Steve on Friday, December 6th, 2013. Comments are currently closed.

4 Responses to “‘Republican’ Companies Plan For Carbon Taxes”

  1. Right of the People says:

    The carbon tax is screwing us multiple times. Once when we’ll have to pay for using “ungreen” stuff and a second time when we have to pay for the companies the guvmint is going to punish for not being green. Algore is going make sh*tload of money that’s for sure.

  2. canary says:

    Aljazeera: Bill Gates invests in solar-powered toilet

    16 Aug 2012

    The need for a new type of toilet is an important part of the Bill & Melinda Gates Foundation’s push to improve health in the developing world, officials familiar with the project said.

    Last year the foundation, named after the Microsoft co-founder and his wife, gave grants to eight universities around the world to help create a hygienic toilet that is safe and affordable and can transform waste into energy.

    It needed to operate at a cost of no more than five cents a day and would ideally capture energy or other resources.

    The eight universities, led by Professor Michael Hoffman, designed a toilet that generated hydrogen gas and electricity. They won a $100,000 prize.

    Waste to electricity

    At the Reinvent the Toilet fair, hosted in Seattle this week, designs included a lavatory that used microwave energy to turn human waste into electricity.

    Another turned excrement into charcoal, while a third used urine for flushing.

    In total 28 designs were shown off at the fair and the winner was a team from the California Institute of Technology.

    “Many of these innovations will not only revolutionise[SIC] sanitation in the developing world, but also help transform our dependence on traditional flush toilets in wealthy nations.”

    Gates’ foundation announced $3.4m in new funding on for toilet projects being worked on by various organisations[SIC], bringing total investment in its “Reinvent the Toilet Challenge” to about $6.5m.


    “About 2.6 billion people – or 40 per cent of world’s population mostly in sub-Saharan Africa and south Asia – lack access to safe sanitation and are forced to defecate in the open, according to Gates.”

    ” forced to defecate in the open ” ?

    Surely, the billionaire can donate more than that, perhaps just used the money he got from selling his golden toilets.

    There has been no progress since Gate’s big announcement last year on this project except this little new article.

    Meanwhile, Bill Clinton is on the campaign trail for Hillary. He recently did an interview on a “Latin News” show.
    Clinton is playing the Environmental and Latino issues together in a coy way tattling on Obama.

    Clinton explained how “they lost Brazil”. Snif. He was deeply saddened because Brazil had so many species of birds.

    Then he rats on Obama as being anti-Latino in that he would not let Hillary and him go on any “visits” to Latino countries while she was Secretary of State. She sure got to get drunk and down at that all women’s club in a Latino Country though, and of course visited more countries than any other Secretary of State ever. The Clinton’s most likely looking for a new place to move their money from Hatti.

  3. USSFreedom says:

    Al Gore, a scamming scumbag, greedy enough to replace that duck Uncle of Huey, Louie and Dewey of Disney fame.

  4. BillK says:

    Planning for a carbon tax isn’t recognizing its usefulness as the article implies, but rather makes good corporate sense as if you know the shafting is coming, you need to prepare for it.

    A better way of putting would be “these companies know liberals will get their useless tax passed eventually, so we’d best prepare to pay it.”

    A corporation’s stockholders would demand nothing less.

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