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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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
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.
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
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.
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.
Big time opposition continues to Pennsylvania Gov. Tom Wolf’s plan to force the state to participate in the so-called Regional Greenhouse Gas Initiative (RGGI), a tax on carbon aimed at coal and natural gas-fired electric power plants, with an eye to driving them out of business (
It becomes more obvious every day that the rank and file (even the leaders) of trade unions are breaking with their Democrat Party bosses over issues like insane taxes on natural gas. The divide is particularly acute in blue states like Pennsylvania, which voted for Donald Trump in 2016 and likely will again in 2020 because the Dems keep shooting themselves in the head with stupid taxes and regulations that kill jobs. The PA AFL-CIO issued a statement yesterday thanking the PA Air Quality Technical Advisory Committee, part of the Dept. of Environmental Protection, for listening to the union’s concerns about Gov. Wolf’s proposed carbon tax at a recent hearing.
Eighteen Pennsylvania State Senators sent a letter to Gov. Tom Wolf on April 21 asking Wolf to direct the state Dept. of Environmental Protection (DEP) to stop trying to ram through a new tax on carbon that will kill the state’s flourishing natural gas-fired electric generating plants.