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Obama Expected To Propose $10/Barrel Tax On Oil

2016-02-06 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Clean Tecnica: In a bold move in the final months of his presidency, US President Barack Obama is believed to be plotting a move against big oil in the form of a $10 per barrel tax that would be paid by oil companies. With 2016 being an election year and US politics as polarized as they are, the tax is not likely to make it past the podium, but the move sends a powerful message to the world that the current administration is serious about attacking one of the cruxes of the climate change issue - oil. This news...

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