Energy Taxes

CO2 400ppm

The monthly global average concentration of carbon dioxide in the atmosphere surpassed 400 parts per million in March for the first time since record keeping began. “This marks the fact that humans burning fossil fuels have caused global carbon dioxide concentrations to rise more than 120 parts per million since pre-industrial times,” added Tans. “Half of… Keep reading →

Natural Gas Prices In Midwest Could Jump Over 70% After Katrina

US natural gas prices have trended lower since the summer, but homeowners will likely pay slightly more for the heating fuel than last winter. “For consumers, prices will be about 6.8% higher than last winter, as gas utilities sell more expensive fuel they bought in the spring and summer, according to the U.S. Energy Information… Keep reading →

Balance Of Power At Stake As Midterm Elections Draw Near

Reports that a new Obama Administration climate plan seeks to circumvent congress have democrats and republicans up in arms. The alleged plan would create binding agreements with other governments that fall short of an actual treaty which would require a majority senate vote many see as unlikely. “Republicans have also sought to portray Obama as… Keep reading →

Red Bull Global Rallycross 2014

Former Treasury Secretary Hank Paulson’s endorsement last week has put the carbon tax in the spotlight. But don’t be fooled: even with increased visibility and the wide endorsement of economists – and with a proposal or two floating around on Capitol Hill – turning U.S. energy policy in a cleaner, more climate-friendly direction continues to… Keep reading →

Dow Chemicals Plans To Layoff 5,000 Employees

The US has gone from a net chemical importer in 2011 to an exporter with anticipated export revenue of almost $30 billion by 2018, thanks in large part to comparatively cheap natural gas and power prices. “US groups such as ExxonMobil, Dow Chemical, Chevron and Phillips 66 are among the leaders in investing in new… Keep reading →