Wednesday, April 25, 2012

Inhofe Floor Speech: President Obama's War on Domestic Energy Production: "Crucify Them"

Today I'd like to draw attention to a little known video from 2010, which shows a top EPA official, Region VI Administrator Al Armendariz, using the vivid metaphor of crucifixion to explain EPA's enforcement tactics for oil and gas producers. 

Backlash over Norway carbon tax hike - Upstreamonline.com

The tax, which reportedly generated about $400 million in revenue last year, is set to increase by $200 per tonne of CO2 – up from the present level of about $209 per tonne – in a move to force offshore operators to rely on more environment-friendly onshore power sources.

The controversial move, which could potentially cost oil companies several hundred million dollars, was announced by Prime Minister Jens Stoltenberg as he unveiled an “offensive” climate white paper on Wednesday.

UN launches interest-free loan scheme to expand CDM carbon trading mechanism - Published 25 Apr 2012

The UNFCCC has launched a pioneering interest-free loan scheme to support Clean Development Mechanism (CDM) projects in some of the world's least developed countries.

Combet explains carbon tax impact - Local News - News - General - Lakes Mail

we are looking at an average electricity price increase of $3.30 a week and an average level of household assistance by the federal government of $10.10 per week

Carbon tax could cost East Timor millions in gas revenue

EAST TIMOR could be slugged for millions of dollars a year under the carbon tax, which is set to take a bite out of revenues from offshore natural gas fields that Australia shares with the impoverished nation.

The tiny country relies heavily on revenues from fossil fuel deposits in the Timor Sea and has expressed concern after learning it is likely to be financially disadvantaged under the tax.

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