President Joe Biden would need to implement a massive tax on emissions and conduct a near elimination of natural gas to meet his climate goals, according to left-leaning environmental experts.
Biden will join world leaders at the United Nations' climate change conference in November to discuss his administration's pledge to reduce U.S. carbon emissions by 50 to 52 percent by 2030.
While a White House fact sheet claims the goal will "Cut energy costs for families," environmental experts contend Biden must enact policies that would raise taxes on everyday Americans to reach his emissions milestone.
According to Resources for the Future fellow Marc Hafstead, for example, Biden will fall short of his climate objective if he does not implement a tax hike on carbon emissions.
The radical steps necessary to achieve his emissions goals-nearly half of U.S. homes use natural gas for heating-reflect the daunting political road ahead for Biden.
While Biden opposed the inclusion of an emissions tax in the bipartisan infrastructure package-the White House said such a policy would break his campaign pledge not to raise "Taxes on people making less than $400,000 a year"-prominent Democrats are working to add the provision to Biden's spending package.
As congressional Democrats sparred over how far the spending bill's environmental provisions should go, Biden used Hurricane Ida to portray climate change as a "Code red" emergency, telling victims in New York "The nation and the world are in peril." But for Biden's activist base, the doomsday rhetoric must be met with action.
Monday, September 27, 2021
Biden Must Create New Taxes, Eliminate Natural Gas to Meet Climate Pledge, Analysts Say
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