Taxing the Planet Clean: Boxer, Sanders call for $1.2 Trillion Carbon Tax

Photo Credit: APSens. Bernie Sanders (I., Vt.) and Barbara Boxer (D., Calif.) announced they will introduce sweeping new energy regulations, including a carbon tax, during a Thursday press conference.

The proposed legislation would use a tax on carbon emissions to fund “historic investments in energy efficiency and sustainable energy technologies such as wind, solar, geothermal, and biomass,” according to a press release.

“We have the opportunity right now, with the president’s commitment in the State of the Union to make major progress,” Sanders said at the press conference. President Barack Obama called for “meaningful” action on climate change in his State of the Union address Tuesday, and Boxer said her bill was in line with the president’s goals.

“The president is right—we must do more to combat climate change, and Superstorm Sandy was a wake-up call,” Boxer said in a statement. “I strongly support the president’s efforts to move forward with executive actions to address this serious threat.”

Sanders said the bill’s tax—$20 per ton of carbon dioxide above a set limit—would target 2,869 of the country’s biggest carbon emitters, including coalmines, oil refineries, and natural gas processing points.

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  • mrbp

    God help us, with nazis like this running the fed. government. Haven’t we lost enough of the tax payers money via companies like solyndra, Satcom, A123, Fisker, Tester, Ener1, and about 45 more now. Most of these companies have donated money to the obama never ending campaign organizations. I’m sure sen. barbara bouncer and the commie sanders also got there share of donations as well. Until we build a nationwide infrastructure to distribute the energy, only individual home owners will benefit from solar and wind generated energy systems. We have enough natural gas and oil in the ground to provide our now “clean” energy. Just unleash the oil and gas companies and let them do their jobs.

    • Nellie CA

      Don’t forget GE, who is building a 2 billion dollar plant in China this year. GM has 13 new plants in China. Brazil has 7 new plants, plus the 30 foreign countries have GM plants. google this! What happened to the money Obama gave Brazil to offshore drill and we would buy the oil? China is buying the oil!! Is the money in Obama’s offshore account? GOD BLESS OUR COUNTRY.

  • Barry_Suxx

    Boxer, and all you other ‘Green Freaks’ who dreamt-up this unholy method of Raping the Taxpaying Citizens,,,, Why bother with threatening US. Why not “Go For The Juggler”, and march you worthless butts (along with the U.N.) over to China, Indo-China, and Russia; and preach your ‘World Damnation’ Green-B/S to all of those MAJOR offenders of pollution FIRST!!! You Leftist Hypocrites are ALL ALIKE; And all you want to DO is STEAL more taxes from Americans. (You Leninist Slut).

  • Kent2012

    I guess that $lut does not know who will really pay for that…all the welfare takers….they will be screaming for more money to pay the electric bill and for gas for the government provided GM cars, oh wait a minute, kenyan boy has not announced that yet, sorry I did not mean to let the cat out of the bag prematurely……it will be the middle class that will pay for this lunacy, the ones that still have a job or a business….more communism at work in DC…….

    • fatman45

      “it will be the middle class that will pay for this lunacy, the ones that still have a job or a business….more communism at work in DC”
      That’s right, because the government will subsidize the “poor” for their increased energy bills. No such help will be forthcoming for those of us who work for a living! And the rich (a.k.a. Boxer, Sanders, Obama and cronies)? They can afford to pay more, since even with the astounding amounts of energy they consume (and waste), it will still only amount to pocket change. Plus, they and their cronies (like Al[Jazeera] Gore) will be the tax collectors.

  • Douglas W. Rodrigues

    Al Gore’s Carbon Credits company is about to make a fortune. Without a doubt, Al Gore will be kicking back campaign contributions to the dishonest politicians who push this idiocy.