I’m glad President Obama recognizes that there is no Planet B after we succeed in destroying this one. British Columbia enacted a carbon tax in 2008. Since then its GDP has increased, its unemployment is slightly below the Canadian national average and fuel consumption per head has dropped by 4.5 percent.
Its successful carbon tax is based on revenue neutrality (no net tax increase), phased implementation, protection for families and broad coverage.
The Koch Industries leases 1.1 million acres in Canada’s oil sand regions of Alberta. A think tank study found that approval of the Keystone pipeline could generate $100 billion in profits …