If you want to know what a carbon tax on emissions of carbon dioxide (CO2) would do to America you need only look at the destruction of industry and business in Australia, along with the soaring costs for energy use it imposes on anyone there.
“The carbon tax is contributing to a record number of firms going to the wall with thousands of employees being laid off and companies forced to close factories that have stood for generations”, Steve Lewis and Phil Jacob reported in a March 18 issue of The Daily Telegraph, a leading Australian newspaper.
“Soaring energy bills caused by the government’s climate change scheme have been called ‘the straw that broke the camel’s back’ by company executives and corporate rescue doctors who are trying to save ailing firms.”
Support Canada Free Press
The passage of a carbon tax in America would have the exact same results and it remains a top priority for the White House and Democrats in Congress who see it as a bonanza in new funding for the government.
As Paul Driessen says in a Townhall.com commentary, “More rational analysis reveals that dreams of growth are nothing more than dangerous tax revenue hallucinations. They would bring intense pain for no climate or economic gain.”
Too many Americans still believe that CO2 is causing global warming, but CO2 plays no role in climate change and is barely 0.038 percent of the Earth’s atmosphere. More to the point, there is no warming and hasn’t been for the last seventeen years as the Earth is in a natural cooling cycle that has prolonged the advent of spring with severe snow storms throughout the nation.
There is no scientific justification for such a tax, but those advocating it don’t care about the science. They care about raising revenue for an ever-growing government to spend and waste.
Under Government Control: A carbon tax Hefty surcharge on everything we make, grow, ship, eat, and do