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Carbon Taxs Costs on Economy Seen Exceeding Revenue Gain
2013-02-26 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: A tax on carbon emissions would curtail U.S. consumption, investment and wages, limiting the ability of the levy to add revenue for the federal government, according to the National Association of Manufacturers. The group in a report assumed a $20 a ton charge on carbon dioxide starting this year and then calculated costs with a rate of almost $1,000 a ton by 2053, and another with the rate relatively stable. The higher tax rate is needed to achieve U.S. goals of cutting greenhouse-gas emissions...
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Climate change costs are hitting home
2013-02-22 12:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Hunterdon County Democrat: PSE&G wants to spend a staggering $4 billion over the next decade to harden its electric and gas systems against the impact of severe storms like Sandy and Irene, a sum that works out to about $500 per person in New Jersey. "This is a cost of climate change, pure and simple," says Jeanne Fox, a commissioner on the Board of Public Utilities, which oversees the utilities. It`s a pity we cannot send the entire bill to the flat-earthers who are willfully deaf to the chorus of warnings from the...
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climate
Job cut costs swell 2012 loss at Air France-KLM
2013-02-22 12:24:31| Airlines - Topix.net
Costs associated with cutting jobs, higher fuel prices and weakness in Europe have combined to swell losses at airline Air France-KLM. The Paris-based company says Friday it made a net loss of a 1.13 billion in 2012 from a 809 million the year before.
US: Crocs swings to Q4 loss on one-off costs
2013-02-21 11:55:00| Daily apparel & textile news and comment - from just-style.com
Plastic shoe firm Crocs has swung to a fourth-quarter loss after it was hit by a number of one-off costs.
Costs Treble for Newfie Oil Project
2013-02-21 00:04:17| ENR.com: Headline News
ExxonMobil says the Hebron offshore platform, pegged at $5 billion six years ago, now carries at $14 billion price tag.
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costs
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