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When the climate goes to shit, and our way of life is destroyed, I hope enough people open their eyes and we put all the politicians and business people responsible that this bullshit up against the wall.
Yes, but the problem is, it isn't extra money you are being given, you will have to channel that extra money into paying for energy.
The rebate will also have to be equivalent to the amount you spend on fossil fuels, so buying less would mean a lower rebate. Where else would the money come from?
I believe that if the price of Fossil Fuels were increased by taxation and the extra money channelled into lowering the cost of renewable energy sources.
Utilities won't care either because they will just keep raising the price of energy to the consumer, and the consumer will pay knowing they'll be reimbursed. Where is the incentive to switch to clean energy where by that graph at 8:22 it looks like clean energy will still cost the consumer more than the subsidized fossil fuels cost (because the customer will only be paying the black box, not the black and blue).
Green energy would be made less expensive due to economies of scale - like it mentions. Easier to produce and purchase products when they are manufactured at a large scale. Not to mention oil prices would go up in time due to peak oil.... i suggest not only carbon tax with rebates but to also unsubsidize oil
I think there is a flaw in this "solution" presented. If you plan on taxing current utility companies (like coal plants) a carbon tax that rises over time, but then at the same time providing rebates to the consumer for the amount of the tax, then what is the incentive for the consumer to switch to clean energy? Investment won't go to clean energy unless people use it, and people won't care about using it because they don't feel the effects of the higher cost of carbon cause of the tax rebates
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A "flawed bill" based on junk science... C02 is good.
Follow the money.
Wake up America!
The rebate will also have to be equivalent to the amount you spend on fossil fuels, so buying less would mean a lower rebate. Where else would the money come from?
I believe that if the price of Fossil Fuels were increased by taxation and the extra money channelled into lowering the cost of renewable energy sources.