Pennsylvania Supreme Court Hears Tax-Versus-Fee Arguments About Whether RGGI Can Stand

Arguing before the Pennsylvania Supreme Court on Wednesday, one state agency alleged another improperly refused to publish an executive action implementing a de facto carbon tax, effectively halting the polcy. 

At issue is a decision made by the Pennsylvania Legislative Reference Bureau (LRB) not to publicize a regulation decreed by then-Governor Tom Wolf (D) entering the state into the Regional Greenhouse Gas Initiative (RGGI). The LRB, which drafts all state legislation upon lawmakers’ requests and provides other policy reference services, declined to promulgate the rule enrolling the commonwealth in the multistate compact, citing a state House of Representatives resolution opposing it.

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Commentary: ‘Net Zero’ Is Not a Rational U.S. Energy Policy

Despite Germany’s last-ditch attempt at realism, the European Union recently approved a 2035 ban on gas-powered cars, moving ahead with its “net zero” emissions agenda. In the U.S., the cost of achieving net-zero carbon emissions would be staggering – $50 trillion if the goal is reached by 2050 – as would the demand for raw materials, which in most cases would exceed current annual worldwide production. 

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Pennsylvania’s Largest Coal Plant Closure Shows Effect of Coming De Facto Carbon-Tax

In July, the Homer City Generation LP Plant, Pennsylvania’s biggest coal-fired energy creator, will be taken offline, meaning 129 well-paying jobs will disappear in Pennsylvania’s fifth-poorest county of Indiana. 

This event, say free-market advocates and fossil-fuel supporters, should admonish Keystone State policymakers not to let the commonwealth let its abeyant membership in the Regional Greenhouse Gas Initiative (RGGI) become active. The pact involving a dozen northeastern and mid-Atlantic states entails de facto taxation of carbon emissions. Even pre-implementation, industry experts explain, preparation for RGGI is killing otherwise viable power plants. 

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EPA Quietly Quadruples Regulatory Cost of Carbon Emissions in New War on Fossil Fuels

With the price of everything from gasoline to food soaring in America, nobody is surprised by inflated price tags these days. But even by Washington standards, an action taken earlier this month by the Environmental Protection Agency is creating sticker shock: a nearly fourfold increase in the government calculation of damages from carbon emissions.

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Biden Wants to Force Government Contractors to Publicly Disclose Carbon Emissions

The Biden administration proposed a rule Thursday that would force all large federal contractors to disclose their greenhouse emissions and “climate-related” financial risks.

President Joe Biden’s plan would require major contractors to publicly disclose the number of carbon emissions they produce and publish their “climate-related” financial risks, according to a White House fact sheet. The rule would also force contractors to set “science-based” emissions reduction targets that were stipulated by the 2015 Paris Climate Agreement.

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O’Neal Proposes Tax Credit to Offset RGGI Compliance Costs in Pennsylvania

Pennsylvania state Rep. Timothy O’Neal (R-Washington) has indicated he’s drafting legislation to bestow tax credits on power plants to cover costs of complying with the Regional Greenhouse Gas Initiative (RGGI).

Pennsylvania is among eleven northeastern and mid-Atlantic states to have joined RGGI, a compact to levy de facto taxes on electricity-generation facilities for emitting greenhouse gases — chiefly carbon dioxide and methane — which are associated with global warming. Because Keystone State legislators have balked at the program, Gov. Tom Wolf (D) announced in 2019 that he would enter the state into it using his own regulatory authority. Earlier this month, Pennsylvania’s Republican-controlled Commonwealth Court blocked the state’s entry into RGGI, insisting that Wolf breached the limits on his executive power, but the ruling is not ironclad as the Democrat-run state Supreme Court could reverse it.

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Commonwealth Court Blocks Pennsylvania’s Entry into Carbon Taxation Initiative

Pennsylvania’s Commonwealth Court this week blocked the state’s entry into the Regional Greenhouse Gas Initiative (RGGI), an 11-state compact requiring de facto taxation of power plants’ carbon emissions.

Gov. Tom Wolf (D) tried to effect Pennsylvania’s participation in the initiative by issuing an executive order in 2019, thus neglecting to seek approval of the Republican-led General Assembly. The court’s new opinion comes one day after the state Senate failed to override the governor’s veto of legislation letting the General Assembly end the state’s membership in the compact. Legislative leaders have argued that the governor’s unilateral action violated the state Constitution and were heartened upon hearing of the judges’ decision.

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State Senator Yaw Proposes Legal Framework for Carbon Capture in Pennsylvania

Pennsylvania state Sen. Gene Yaw (R-Williamsport) indicated Wednesday he will soon introduce legislation to create a regulatory framework for “carbon capture” in the commonwealth.

Carbon capture is the process of catching carbon-dioxide discharge from fossil-fuel-fired power plants and manufacturing facilities for either reuse or storage so that the emissions don’t make it into the atmosphere and exacerbate global warming.

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Pennsylvania Lawmakers Opposing Greenhouse Gas Initiative Offer Alternative Policy

Lawmakers who have attempted to stop Pennsylvania’s entry into the Regional Greenhouse Gas Initiative (RGGI) are proposing alternative measures to mitigate carbon emissions in the Keystone State.

Representative Jim Struzzi has amended the anti-RGGI legislation he introduced last year to authorize spending $250 million from Pennsylvania’s COVID-19 Response Restricted Account on carbon-dioxide-reduction technologies and related items. Funded projects would include methane abatement, hydrogen-based infrastructure and stormwater mitigation as well as assistance to communities weathering electric-generation plant closures.

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Largest U.S. Oil Producer Vows Net Zero Emissions by 2050

ExxonMobil, the largest American producer of crude oil, outlined its plan Tuesday to achieve net zero carbon emissions by 2050, improving upon previous goals.

The major oil producer identified more than 150 “potential steps” that will help it achieve net zero emissions on its operations within 30 years, the company announced. ExxonMobil will increase investments in carbon capture and storage technology, hydrogen and biofuels, and bio-based plastic waste streams.

“ExxonMobil is committed to playing a leading role in the energy transition, and Advancing Climate Solutions articulates our deliberate approach to helping society reach a lower-emissions future,” ExxonMobil Chairman and CEO Darren Woods said in a statement.

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U.S. Energy Department Spent over $1 Billion on Failed Carbon-Cutting Projects

Over the last decade, the United States Department of Energy (DOE) spent $1.1 billion on various projects that attempted to reduce carbon emissions through the practice of carbon capture and storage (CCS), only for the vast majority of these projects to either fail or be cancelled.

According to the Daily Caller, the waste of taxpayer money was revealed in a Government Accountability Office (GAO) report that was released in December. The report revealed that the DOE had invested $684 million in eight different CCS projects that focused on coal, only for seven of them to be cancelled, while only a single facility remained in operation. The remaining $438 million was spent on three industrial CCS facilities; of these three, two were successful while one was cancelled.

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Commentary: Carbon Offsets – Not Taxes or Emissions Caps – Are the Best Path to Carbon Neutrality

Carbon taxes, emissions caps, subsidies – these all seek to reduce atmospheric emissions of greenhouse gases, yet regularly meet criticism and opposition. Is there a more efficient solution to achieving climate balance? Not only is the answer yes, but the potential benefits could far outperform what other strategies hope to achieve.

Most solutions seek to reduce emissions –abruptly or over time– or attain carbon neutrality by utilizing renewable power sources, but increasingly we hear that carbon neutrality is not enough. We must find new technology and techniques to reduce greenhouse gases already in the atmosphere, which will require meaningful investments in research and development. One solution is voluntary carbon offsets.

Carbon offsets are certificates for purchase intended to counteract operational emissions or capture legacy emissions from the past. This is done by paying for a given quantity of CO2 to be neutralized through investment in offsetting projects or technology. Whether the certificates are directed towards conservation efforts, renewable energy, or carbon capture or removal, purchasing carbon offsets provides one party investor satisfaction and the other party an infusion of funding intended to finance a carbon-reduction strategy. When purchasing high quality offsets, these serve as a down payment and incubator toward the best climate solutions available in the laboratory or in the field.

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Analysis: Many Environmentalists Oppose Nuclear Energy Despite Its Reliability, Carbon-Free Footprint

Expanding U.S. nuclear power — an energy source that many environmentalists and lawmakers oppose — could be the most reliable way to achieve a carbon-free electricity grid, according to experts.

Nuclear energy is considered a renewable energy source because it produces zero emissions through fission, the process of splitting uranium atoms, according to the Department of Energy. Currently, nuclear accounts for about 9% of total U.S. energy consumption, slightly less than all other renewable energy sources combined and coal, government data showed.

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