New York Green Party Calls for Carbon Tax. Press Release, Green Party of NYS, December 12, 2008. The Green Party of NYS today offered a number of alternatives to resolve the state's fiscal crisis, calling for a state budget that improves the future of all New Yorkers, rather than reacting out of fear of a budget shortfall. The centerpiece of the Party's proposal is a carbon tax, which is needed to both reduce greenhouse emissions contributing to climate change while raising funds to support the quick transition to a economy that will end reliance upon fossil fuels... The Greens said that a carbon tax would be far more effective in reducing carbon emissions than cap and trade programs, especially the limited Regional Greenhouse Gas Initiative New York has joined... The Carbon Tax Center (www.carbontax.org) says that a 'federal' carbon tax equivalent to 10 cents a gallon of gasoline - but applied to all fossil fuel burning - would bring in roughly $55 billion a year in revenue. A similar tax in New York would probably bring in about one-fifteenth to one-twentieth of such revenue."
2008-12-12
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