Silicon Valley Businesses To Be Hit With Global Warming Tax
By - Source: Tom's Hardware US
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San Francisco (CA) - A Bay Area air pollution board has voted to levy an annual greenhouse gas tax on area businesses. The nine-county board said the tax will reimburse the costs for conduction global warming impact studies. 2500 businesses will be charged $1.1 million annually for the amount of carbon dioxide, methane or other greenhouse gasses they pump into the air. Most companies will only pay $1 or less, but major polluters like oil refineries could pay up to $180,000 a year.
The measure passed by a 15 to 1 vote with the sole dissenter saying the tax will likely increase in the future and become a burden on the economy
Read more ... Mercury News.
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Land in Arizona is being swallowed up at the rate of an acre-an-hour. More consumers = more demand on resources = more pollution and yet where are these pillars of the community on that issue? Too busy raking in the tax dollars from the Americans, no doubt..
Our so-called 'leaders' care only for themselves. Just let the third-world population double every few decades, and let everyone come here..that's the solution even if it results in the complete rape and pillage of our resources, our heritige and our ability to climb out this mess. Will the people who implemented the scheme whereby the Latino population of California doubled over 20 years, be paying this tax? I doubt it..