“Green LNG” – The Latest Carbon Tax Scam

There is another new scam being perpetrated on the liquefied natural gas (LNG) sector. It’s called “green LNG.” Supposedly pimple-faced millennial investors are demanding the companies they invest in (with some $110 trillion worth of money) clean up their carbon dioxide emissions or the spoiled kids will refuse to invest. Some LNG companies are going to extraordinary lengths to prove their green worthiness to these idiots.
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PA Gov Wolf Vetoes Bill Giving Citizens Say in Carbon Tax Scheme

Last week the extremely unpopular Pennsylvania Governor, Tom Wolf, vetoed a bill that would have given all citizens in the Keystone State, via their elected representatives in the state legislature, a say in whether or not the state should join the Regional Greenhouse Gas Initiative (RGGI). RGGI is a huge new $2.4 billion tax on coal and gas-fired power plants that will drive up the cost of electricity dramatically across the state.
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EQB Votes to Approve Gov. Wolf’s $2.4B Carbon Tax on PA Residents

As we told you on Monday, the Pennsylvania Environmental Quality Board (EQB), a powerful committee operating under the larger umbrella of the PA Dept. of Environmental Protection (DEP), held a hearing and cast a vote yesterday on whether or not PA should join the Regional Greenhouse Gas Initiative (RGGI), a tax on carbon for power generators (see Exclusive: PA EQB Board Member Speaks Out Against RGGI Carbon Tax). As we predicted on Monday, EQB, which is packed with political appointees by PA Gov. Tom Wolf, voted in favor of their boss’s plan. It would have been career suicide to vote against it.
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PA Senate Passes Bill Giving Legislators Say in RGGI Carbon Tax

Yesterday the full Pennsylvania Senate passed House Bill (HB) 2025, a bill already passed by the House previously. The bill now goes to Democrat leftist Gov. Tom Wolf, who says he will veto it. The bill restores democracy to the Commonwealth by giving the legislature–the very people elected to be the voice of PA citizens–a role in deciding whether or not PA should join the so-called Regional Greenhouse Gas Initiative (RGGI)–which is nothing more than an obscenely high tax on carbon meant to kill coal and natural gas-fired power plants in the state–a major customer of Marcellus gas.
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PA Senate Advances Bills to Stop Wolf RGGI Carbon Tax

The Republican-controlled Pennsylvania legislature continues its quest to stop Gov. Tom Wolf from illegally assuming powers he does not have to force the state into a carbon tax scheme called the Regional Greenhouse Gas Initiative (RGGI). Last Thursday the state Senate Environmental Resources and Energy Committee voted to report out two bills for a full Senate vote that will block Wolf’s Dept. of Environmental Protection (DEP) from joining RGGI without legislative approval.
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SWPA Union Members Rally Against Gov. Wolf’s RGGI Carbon Tax

We have chronicled the break between trade unions and Pennsylvania. Gov. Tom Wolf over Wolf’s stubborn insistence on forcing the state to join a carbon tax scheme called RGGI–the Regional Greenhouse Gas Initiative (see our union stories here). Union members know that RGGI will kill the Marcellus industry in the state and lead to massive job losses–all in the name of fixing so-called climate change. Yesterday union members in southwestern PA rallied at a power plant to (once again) voice their strong opposition to Wolf’s highly unpopular plan.
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NEXUS, Rover Pipes Lose Court Case to Lower Ohio Tax Bill

Last December both Rover Pipeline and NEXUS Pipeline, two large Utica-gas pipelines traversing Ohio, appealed their property tax valuations to the Ohio Dept. of Taxation, looking to trim their tax bills in Stark County by up to 50% (see NEXUS and Rover Pipes Ask Stark County, OH for BIG Tax Cut). In July, Ohio’s Tax Commissioner denied the two pipelines’ request. Rover and NEXUS together are projected to be on the hook for $20 million in taxes in Stark County–just for last year!
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SWPA Labor Unions Say Wolf’s $2.4B Carbon Tax Will Hurt PA Economy

Two different trade unions are asking some great questions about Pennsylvania Gov. Tom Wolf’s plan to force the state to join the so-called Regional Greenhouse Gas Initiative (RGGI), a carbon tax on coal and gas-fired electric generating plants. For example, how would a $2.36 BILLION carbon tax reduce carbon dixoide emissions any more than is already happening by the use of natural gas? PA already reduced CO2 emissions by 32% over the same time period RGGI (a coalition of liberal northeastern states) began–far more of a reduction than RGGI states have experienced!–without belonging to the RGGI tax plan.
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PA Senate Democrats Introduce New Carbon Tax Bill

What is it with Democrats and the urge to tax everything–even things that breathe? They have a particular fascination with taxing carbon dioxide–the building block of life and the substance every living thing breathes out with every breath. The latest Democrat who wants to tax CO2 is Pennsylvania Senate Minority Leader Jay Costa, Jr. (from Pittsburgh) who introduced Senate Bill (SB) 15. Costa falsely calls it a “cap and invest” plan. In reality and normal plain English, it’s a tax plan–taxing natural gas-fired power plants.
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DEP Consultant ICF Accused of Supporting Carbon Tax, Conflicts

Pennsylvania State Sen. Gene Yaw, Majority Chair of the Senate Environmental Resources and Energy Committee, is hammering ICF International, a consultant hired by the PA Dept. of Environmental Protection (DEP). The DEP has paid $874,000 (so far) to ICF for research relating to “climate change.” ICF is providing research used by the DEP to justify Gov. Wolf’s harebrained idea to join the Regional Greenhouse Gas Initiative (RGGI), a carbon tax scheme meant to drive natgas electric plants out of existence in the state. All in the name of saving Mom Earth. Ludicrous. ICF, supposedly impartial, appears to be anything but according to Yaw.
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PA Small Business Compliance Advisory Ctte Votes NO on Carbon Tax

The Pennsylvania Dept. of Environmental Protection (DEP) has a number of committees under its umbrella. Volunteers from business, non-profit groups and other sectors sit on these committees in an effort to provide helpful feedback to the department from the people who must live under the regulations (sometimes onerous) the DEP cooks up. The Small Business Compliance Advisory Committee (SBCAC) is one such committee. SBCAC has just voted against Gov. Wolf’s cockamamie plan to tax “carbon” from gas-fired electric plants.
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PA House Votes to Pass Resurrected Petchem Bill, Wolf to Sign

Yesterday MDN told you the full Pennsylvania State Senate, with an overwhelming bipartisan majority, voted on and passed a bill to grant tax break incentives to huge petrochemical plants willing to build new facilities in PA–facilities that will use Marcellus Shale methane (see PA Senate Votes to Pass Resurrected Petchem Bill in Record Time). Later in the day yesterday, the full House wasted no time in passing the same bill–by a whopping 163-38. Gov. Wolf said as soon as the bill hits his desk he’s going to sign it. Victory!
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Huge Bipartisan Majority in PA House Votes to Block Carbon Tax

Yesterday the Pennsylvania House of Representatives voted 130 to 71 (with overwhelming bipartisan support) to pass House Bill (HB) 2025 which would block Gov. Wolf’s attempt to force PA into a northeast carbon tax scheme. We’ve written plenty about Wolf’s plan to force the state to join the Regional Greenhouse Gas Initiative, or RGGI (see Gov. Wolf Goes Bonkers: EO Destroying Gas-Fired Elec, Carbon Tax).
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PA Nuke Industry Loves Wolf Carbon Tax Shutting Down Gas Plants

Are you surprised that Pennsylvania’s big money nuclear power lobby loves PA Gov. Tom Wolf’s plan to tax nuke plants’ biggest competitor, natural gas-fired plants, out of existence? We aren’t surprised. Nuclear Powers Pennsylvania, lobbying group for PA’s nuclear power plants, is urging PA legislators to drop a bill that will block Wolf’s insane attempt at forcing the state to join a group of liberal northeastern states in something called the Regional Greenhouse Gas Initiative (RGGI). RGGI forces its members to slap high taxes on energy that produces carbon dioxide–the stuff you breathe out with every single breath you take. Ludicrous.
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PA IFO Predicts 2 Possible Scenarios for 2020 Impact Tax Revenue

The Pennsylvania Independent Fiscal Office (IFO) does a good job of guesstimating how much impact fee revenue will get generated in the coming year, based on permit and producing wells activity in the current year. Impact fees are PA’s equivalent of a severance tax–a fee paid by drillers for each new well they drill, paid over a 15-year period. This year IFO is offering up two scenarios for how much money the state will receive in impact fee revenues next year (based on wells drilled and active this year). One scenario is based on natgas prices averaging at least $2.25/MMBtus (million British Thermal Units) on the NYMEX, and the other scenario assumes gas prices slip below that level.
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