I’m sure that we’ve all read where a “carbon tax” will reduce fossil fuel use. This seems to be one of the basic mantra’s of the carbon tax proponents. I disagree.
I remember when gasoline was really cheap (.25 cents a gallon) as a kid. Wages weren’t too good back then either. Since then, additional taxes and endless price increases have been enacted on fossil fuels (primarily gasoline and diesel). Consumption of these fuels has skyrocketed. We’re now burning 100,000,000 barrels a day or thereabouts (almost there). That is an ENORMOUS amount of fuel – and carbon – being spewed into the atmosphere.