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View Full Version : Obama Quietly Raises 'Carbon Price' as Costs to Climate Increase



JohnQPublic
12th June 2013, 01:10 PM
Sounds a bit like gold after the confiscation by Roosevelt.

Obama Quietly Raises 'Carbon Price' as Costs to Climate Increase (http://www.bloomberg.com/news/2013-06-12/tougher-regulations-seen-from-obama-change-in-carbon-cost.html)
"...cost of carbon, to $38 a metric ton in 2015 from $23.80..."

gunDriller
12th June 2013, 01:49 PM
Sounds a bit like gold after the confiscation by Roosevelt.

Obama Quietly Raises 'Carbon Price' as Costs to Climate Increase (http://www.bloomberg.com/news/2013-06-12/tougher-regulations-seen-from-obama-change-in-carbon-cost.html)
"...cost of carbon, to $38 a metric ton in 2015 from $23.80..."

sort of reminds me of FDR & the price of gold, which went from $20-something to $35.

of course, Gold has intrinsic value, whereas the absence of carbon dioxide ...

ghost
12th June 2013, 07:04 PM
I thought all revenue originated in the House how can obama do this?

Horn
12th June 2013, 08:13 PM
I thought all revenue originated in the House how can obama do this?

Must be a Banana Republic Constitutional addendum?