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Will Obama Trade A Carbon Tax
For Keystone XL?

Investor´s Business Daily, by Staff

Original Article

Posted By:HollowLeg, 2/18/2013 5:03:32 AM

Taxes: The president may try to satisfy both environmentalists and pro-growth blocs by tying the shovel-ready project curiously left out of the State of the Union to just-introduced carbon-tax legislation. Having failed to lower the sea levels in his first term, President Obama, in the first SOTU of his second term, highlighted the need for fighting climate change and proposed an Energy Security Trust Fund to siphon off money from those who actually produce abundant and useable energy to fund alternative energy sources which constitute a rounding error

      


Post Reply  

Reply 1 - Posted by: shamus, 2/18/2013 6:11:06 AM     (No. 9182405)

Warren Buffett opposes Keystone because it would cost his railroad a lot of business. Buffett is an influential Obama supporter. Keystone won´t be approved.

Carbon tax is DOA in the House.

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Reply 2 - Posted by: fritzilou, 2/18/2013 12:52:07 PM     (No. 9183158)

Trading a Carbon Tax for the Keystone Pipeline is not a trade at all. It is a charge on taxpayers for the benefit of oil companies. As a supporter of the Keystone Pipeline, a trade such as this is designed to aggravate Republicans, Tea Party activists, etc. I don´t doubt that the left will try this, because I believe the administration will endorse the pipeline eventually anyway. The pipeline is good for American and doesn´t need a trade of any sort.

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