Tuesday, May 9, 2017

A fool's errand: Al Gore's $15 trillion carbon tax



Al Gore wants to reverse modernity and save the world from itself through an elimination of its fossil-fuel-based energy system. During the final week of April, his newly created Energy Transitions Commission released a document setting forth a fool’s-errand pathway to “decarbonize” the world’s energy system.

If this sounds familiar, it is. Gore’s plan features a new, sophisticated, and expensive public-relations campaign, but it’s all based on his views on carbon dioxide first broached in his 1992 book Earth in the Balance, which he reissued in 2000 for his failed presidential campaign. The subsequent efforts made by Gore during the past 25 years have transformed little from their genesis, and he remains as tragically wrong today as he was when he first surfaced as an opponent of everything linked to carbon-dioxide.

If you scroll through the verbiage surrounding the document, you will find the core policy recommendation is a massive, punishing carbon tax. Gore would start the tax at $50 per ton, which would increase to $100 per ton over time, essentially destroying the market for continued robust development of the world’s fossil-fuel base. Our economic growth and personal well-being depends on robust fossil-fuel use, so Gore’s plan would destroy these as well.

But, don’t worry! The all-in estimated cost to re-engineer humanity is only a mere $15 trillion—enough money to give every man, woman, and child in the United States more than $46,000.

http://www.washingtonexaminer.com/a-fools-errand-al-gores-15-trillion-carbon-tax/article/2622479

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