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Obama to Propose Oil Tax to Fund Clean Transportation

2016-02-04 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: President Barack Obama wants oil companies to pay a $10 tax for every barrel of oil to help fund investments in clean transportation. Obama will formalize the proposal Tuesday when he releases his final budget request to Congress. The $10-per-barrel fee is expected to be dead-on-arrival among Republicans who control Congress and oppose new taxes and Obama's energy policies. Still, the White House hopes the proposal will drive a debate about the need to get energy producers to help fund efforts...

Tags: tax clean oil transportation

 

Obama Administration to Propose New Rules to Halt Methane Leaks

2016-01-22 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The Obama administration is expected to propose new rules as soon as Friday to curb methane leaks from oil and natural gas production, its latest attempt to reduce greenhouse gas emissions from energy production under its control, sources familiar with the plan said. The Interior Department's Bureau of Land Management (BLM) wants to limit venting and flaring natural gas at wells on public land, practices that let methane into the atmosphere. Methane is the second most prevalent greenhouse gas after...

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Purdue, EPFL team propose Hydricity concept for integrated co-production of H2 and electricity from solar thermal energy

2015-12-16 18:55:35| Green Car Congress

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Clinton to propose 'exit tax' for mergers

2015-12-07 12:26:10| Biotech - Topix.net

Hillary Clinton on Wednesday will unveil a proposal for a new "exit tax" aimed at cracking down on corporate inversions, a practice that permits U.S. companies to merge with corporations overseas to lower their tax bill. The new tax would be part of a broader effort to target what experts say is roughly $2 trillion in profits U.S. companies are hoarding abroad to reduce their taxes.

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Australia: Greens propose new $500m renewable energy body

2015-11-23 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: A new $500 million government authority would deliver a 15-year pipeline of clean energy projects through a combination of reverse auctions and direct investment under a Greens plan to boost renewable energy and close down coal-fired power stations. Federal Greens Leader Richard Di Natale will on Sunday announce RenewAustralia, a key element of the party's policy to make Australia's energy generation 90 per cent renewable by 2030. The new body would be tasked with planning and driving the transition...

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