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  1. page Alaska edited ... When taking a look at the tax situation in Alaska one can see that changing Alaska's dependenc…
    ...
    When taking a look at the tax situation in Alaska one can see that changing Alaska's dependency would be a monumental problem, because Alaska's revenue is mostly made by the taxing of oil and petroleum products.
    carbon emissions
    cruises -protected site:wikispaces.com + edit
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
    12:22 am

Monday, March 11

  1. 12:31 pm

Thursday, November 29

  1. page Oregon edited Carbon Carbon tax profile ... previous version by Maria byMaria Crossman) Oregon State …

    Carbon
    Carbon tax profile
    ...
    previous version by
    Maria
    byMaria Crossman)
    Oregon State
    1990
    ...
    13.0
    +6%
    ...
    by 2025.
    A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $1.3 billion in 2007 (about $350 per person), assuming a 10% reduction in emissions.
    For comparison purposes, in 2007 alone the state portion of the Corporate Excise and Income taxes generated about $425 million, the state Insurance Taxes generated about $53 million, state Estate Taxes generated about $14 million, the state Cigarette Taxes generated about $42 million; and the state taxes on Other Tobacco Products generated about $17 million. Oregon's Personal Income Tax, which comprises 86.2% if the total General Fund Revenues, generated about $5.5 billion. A carbon tax of $30 per short ton of CO2 could, assuming a 20% reduction in emissions, could have supplemented the state portion of all of these taxes, as it would have generated about $1.4 billion in 2007. The revenue from the carbon tax would have been equivalent to approximately 25% of the Personal Income Tax revenue from 2007. Using the carbon tax to buffer the revenue generated by income taxes from residents could make the tax more appealing to voters if it's framed in a way that indicates it could provide an opportunity to reduce income tax.
    carbon emissions
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
  2. page Idaho edited ... 11.6 -7.2% ... intensive economy. A carbon tax of $30 per short ton of CO2 (about $0.3…
    ...
    11.6
    -7.2%
    ...
    intensive economy.
    A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $486 million in 2007 (about $314 per person), assuming a 10% reduction in emissions.
    Idaho currently has a motor fules tax, for gasoline and ethanol blends it is at $.25, it also taxes many other motor vehicle fuels. In 2007 this tax brought in about $234 million. Individual Income tax brought in $1.6 billion, and Sales and Use tax brought in nearly $1.3 billion. A carbon tax of $30 per short ton of CO2 (assuming a 10% reduction in emissions) could have reduced state income taxes about 30%.
    carbon emissions
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
  3. page North Carolina edited Carbon tax profile for North Carolina (Previous version by ???. 2005) 1990 ... % change 199…

    Carbon tax profile for North Carolina (Previous version by ???. 2005)
    1990
    ...
    % change 1990-2005
    Fossil fuel CO2 emissions in millions of metric tons [1]
    111
    153

    153

    + 37.6
    In millions of short tons [2]
    123
    169
    + 37.6
    Population in millions [3]
    6.6
    8.7
    + 30.9
    Per capita CO2 emissions in short tons
    18.5
    19.5

    19.5

    + 5.1
    Per capita emissions in North Carolina in 2005 were lower than the U.S. average, which was 21.4 short tons per capita [4]. Coal-fired power plants typically account for about three-fifths of North Carolina’s electricity generation, and the state’s electricity consumption is among the highest in the nation. [5].
    ...
    % Covered by hypothetical carbon tax
    Individual Income
    8,206,026 (53%)
    62%

    62%

    Corporate Income
    1,065,374 (7%)
    380%

    380%

    Sales and use
    4,587,542 (30%)
    88%

    88%

    Franchise
    613,093 (4%)
    Total of all other than income, corporate and sales:
    $1,581,335... carbon tax would cover 256%
    Beverage
    220,782
    Insurance
    431,684 (3%)
    Piped natural gas
    60,739
    Intangible
    --
    Inheritance
    134,419
    Soft drink
    Tobacco products
    43,361
    License
    44,219
    Real estate conveyance
    Gift
    18,924
    Other (includes:
    Highway Use Tax,
    ...
    Scrap Tire Disposal Tax, and
    Dry-Cleaning Solvent Tax*)
    14,114
    TOTAL TAX REVENUES
    15,440,257
    A Closer Look at Taxing ‘Bads’ (or making pollution expensive)
    In a 1997 edition of An Introduction to Ecological Economics, (1) the authors discuss the growing need for ecological tax reform, which shifts “much of the tax burden away from ‘goods’ like income and labor and toward ‘bads’ like ecological damages and consumption of nonrenewable resources” as a way to support the “three major goals of tax policy (sustainable scale, efficient allocation, and just distribution).” Much more has been written about this in the past twelve years. One of twelve states with a perchloroethylene clean-up program, North Carolina collects a dry-cleaning solvent tax to fund a trust fund for clean-up of dry-cleaning solvent contaminated property and “to protect human health and the environment by preventing future releases from these facilities.” (2) The tax, $10 for each gallon that is halogenated hydrocarbon-based and $1.35 for each gallon that is hydrocarbon-based, is imposed on each gallon of dry-cleaning solvent sold by a retailer to a dry-cleaning facility or purchased by a dry-cleaning facility from outside North Carolina for storage, use, or consumption in North Carolina. This is an example of a per-unit tax on the seller, which creates an incentive for each perc producer to curtain pollution, because the perc retailer saves the amount of the tax per unit of perc not sold [emitted]. If reducing pollution by one unit costs the retailer less than the tax, the retailer has an incentive to engage in pollution abatement.
    ...
    [5] See state profiles from the EIA, http://tonto.eia.doe.gov/state/index.cfm.
    [6] You’ll need to use Google to find tax or budget information for your state. The Washington State figures come from Washington State Office of Financial Management, http://www.ofm.wa.gov/budget07/summary/table01.pdf.
    carbon emissions
    [[#_ftnref|[1]]1 Costanza, Cumberland, Daly, Goodland, and Richard Norgaard. 1997. An Introduction to Ecological Economics. Boca Raton, FL: St. Lucie Press.
    [[#_ftnref|[2]]2 Superfund Section, Division of Waste Management, North Carolina Department of Environment and Natural Resources, Annual Report to the Environmental Review Commission, North Carolina General Assembly:
    (view changes)
  4. page Washington edited Carbon Carbon tax profile for Washington State (for State(for other states, ... to carbo…

    Carbon
    Carbon tax profile for Washington State
    (for
    State(for other states,
    ...
    to carbonwa.org)
    1990
    2007
    ...
    14.1
    -13%
    ...
    Washington State.
    A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $2.5 billion in 2007 (about $380 per person), assuming a 10% reduction in emissions.
    For comparison purposes, annual estimates based on estimates for the fiscal years 2007-2009 are that the state portion of the property tax generated about $1.7 billion/year, the state B&O (business) tax generated about $3.0 billion, and the state sales tax generated about $7.6 billion. So a carbon tax of $30 per short ton of CO2 could (assuming a 10% reduction in emissions) have more than replaced the state portion of the property tax or could have replaced 83% of the state B&O tax or could have replaced 33% of the state sales tax.
    [The paragraphs above contain the basic information, but you are welcome to add other material as you see fit; for Washington State, for example, there's a bunch of additional information at <http://carbonwa.wikispaces.com/>. You are not required to add this sort of additional information, but if you find something interesting I encourage you to write about it!]
    Carbon offsets
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
  5. page Wisconsin edited Carbon Carbon tax profile ... previous version by Yoram byYoram Bauman) Wisconsin 1990…

    Carbon
    Carbon tax profile
    ...
    previous version by
    Yoram
    byYoram Bauman)
    Wisconsin
    1990
    ...
    {http://i194.photobucket.com/albums/z9/BeautifulDisaster2008/CO22007.png}
    For comparison purposes, in 2007 the state income tax generated about $6.6 billion, the state sales tax generated about $4.2 billion, and the state business tax ("corporation franchise and income") generated about $890 million. So a carbon tax of $30 per short ton of CO2 could (assuming a 20% reduction in emissions) could have eliminated the state business tax and reduced the state sales tax rate by 45% .
    carbon emissions
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
  6. page Ohio edited Carbon tax profile for Ohio (Evan Young) 1990 ... A carbon tax of $30 per short ton of CO2 (…

    Carbon tax profile for Ohio (Evan Young)
    1990
    ...
    A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $8 billion in 2007 (about $695 per person), assuming a 10% reduction in emissions.
    For reference, in 2007 (FY08) Ohio generated $9bn from income tax and $7bn from sales tax as part of a $21bn revenue stream. With the revenue from a carbon tax Ohio could have eliminated their entire sales tax.
    carbon emissions
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)
  7. page Texas edited Carbon Carbon tax profile ... previous version by Rachel byRachel Scott) Texas 1990 …

    Carbon
    Carbon tax profile
    ...
    previous version by
    Rachel
    byRachel Scott)
    Texas
    1990
    ...
    31.2
    -18.1%
    ...
    petroleum refining.
    A carbon tax of $30 per short ton of CO2 (about $0.30 per gallon of gasoline, or about $0.03 per kWh of coal-fired power) would have raised about $20.1 billion in 2007 (about $840 per person), assuming a 10% reduction in emissions.
    ...
    the sales tax.Oldtax. Old data from
    ...
    taxes combined.
    Greater than half of the electricity produced in Texas is from coal-fired plants, this just barely tops the use of natural gas. However, Texas is also rich in renewable energy potential, including wind, solar, and biomass resources. Wind resource areas in the Texas Panhandle, along the Gulf Coast south of Galveston, and in the mountain passes and ridge tops of the Trans-Pecos offer Texas some of the greatest wind power potential in the United States. Solar power potential is also among the highest in the Nation, with high levels of direct solar radiation suitable to support large-scale solar power plants concentrated in West Texas. In August 2005, Texas adopted a law requiring 5,880 megawatts of new renewable generation be built by 2015, representing about 5 percent of the State’s total 2005 electricity demand. By 2006, Texas surpassed California and to become the largest wind power producing state with the largest wind power facility in the world (the Horse Hollow Wind Energy Center).
    carbon emissions
    From EPA, “State CO2 Emissions from fossil fuel combustion, 1990-2007”, linked from here.
    1 metric tonne equals 1.1023 short tons.
    (view changes)

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