Spending Watch
Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation
Consumers, Not ‘Polluters’, Would Be Hard Hit by New Climate Tax Legislation Wayne Winegarden May 2024 SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a portion of the burden from climate harms that is borne by California taxpayers.” The premise of this Act is theoretically flawed. If implemented, it will ...
Read about the latest attack on fossil fuels
Designated For Destruction: California’s Economic Oxygen
The Polluters Pay Climate Cost Recovery Act, Senate Bill 1497, requires “fossil fuel polluters to pay their fair share of the damage caused by the sale of their products.” The “responsible parties” are defined as entities that between the 2000 and 2020 calendar years, did business in the state or otherwise had sufficient contact with the state. These entities are “responsible for more than 1,000,000,000 metric tons of covered fossil fuel emissions, as defined, in ...
Why turn off lights for Earth Day when California is already growing dark?
Earth Day 2024 is today and Californians are being encouraged to turn off their lights. For now, it would be a voluntary exercise in futility. In a few years, though, maybe even this summer, the lights will go out on their own, as the grid becomes shakier while the state plunges into a dim future. “Lights out” is primarily associated with Earth Hour, which usually arrives on the last Saturday in March. “Individuals from around ...
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