http://wattsupwiththat.com/2013/07/15/why-revenue-neutral-isnt-and-other-costs-of-the-bc-tax/
HJR 10 and HJR 11, proposes a constitutional amendment to ‘allow’ carbon taxes, and raise the tax on Oil and Natural Gas and HB 2082 will impose a carbon tax on Fuel suppliers and Utilities. This is just the tip of the iceberg that is heading our way! I can hear that rocket heading skyward! Posted here:
https://oregoncitizenslobby.org/economic-development-land-use/
SB 324-A Has NO sunset, NO time limit, NO guarantees the carbon standard will even do what it is supposed to do! After six years, NO Carbon Standard is available and the cost is speculative. The goal of NO cost increase has been removed and a 4 percent rise in cost of fuel is now acceptable.
There are NO alternative fuels the Oil suppliers can provide that will meet carbon standards and credits will have to be traded for those that can not comply. Is this not the objective, Carbon Trading? There is an Emergency Clause that will not allow Oregon Citizens to bring this to the vote of the people. How is this an emergency when this has sat around for six years, with NO results and NO true timetable, as the dates and objectives keep changing at the whim of the DEQ. They do not even have to follow any rules, if they disagree with their findings.
SB 324 A removed “[(d) ‘PADD 5 region’ means the Petroleum Administration for Defense District 5 states of Arizona, Nevada, Oregon and Washington.] .
Will this put Oregon at a disadvantage if there are no comparison required?
Also removed [(d) The commission shall provide exemptions and deferrals as necessary to mitigate the costs of complying with the low carbon fuel standards upon a finding by the commission that the 12-month rolling weighted average price of gasoline or diesel in Oregon is not competitive with the 12-month rolling weighted average price in the PADD 5 region.]”
No exemptions, does this mean only carbon trades allowed?
standards set in 2009 of 10 % carbon reduction in Oregon fuels over the course of a decade if the cost of compliance would exceed four per cent of projected average annual cost of gasoline or diesel in Oregon. Would allow compliance upon certain findings.
SECTION 2. Section 6, chapter 754, Oregon Laws 2009, is amended to read: incremental cost of compliance with the low carbon fuel standards during the first compliance year will not exceed four percent of the projected average annual retail price of gasoline or diesel in Oregon.
Consumer cost safety net is removed: ‘[(d) The commission shall provide exemptions and deferrals as necessary to mitigate the costs of complying with the low carbon fuel standards upon a finding by the commission that the 12-month rolling weighted average price of gasoline or diesel in Oregon is not competitive with the 12-month rolling weighted average price in the PADD 5 region.]”
Why would it be any different in Oregon. Only two others are mandating highe transportation fuel costs, could there be a reason?
What’s the buzz?