Statehouse Headliners Tax Land

Carbon Taxes Don’t Reduce Emmissions

published by Guy Page, Page Communications

Carbon taxes don’t reduce emissions, nuclear power and natural gas do

By Guy Page
 April 19, 2019 – The Canadian province of Alberta this week became the latest North American jurisdiction to vote against carbon taxation. Voters overwhelmingly elected a new premier whose #1 campaign promise was “No Carbon Tax.” There’s a reason that even “green” states and provinces are backing away from carbon taxes – in addition to inflicting financial pain, they actually do little to reduce emissions. Even climate change author Bill McKibben conceded as much in a 2016 Yale University article.

Which begs the question: what energy strategies do reduce carbon emissions?

First, Sen. Bernie Sanders’ recent claims notwithstanding, keeping nuclear plants open limits carbon emissions.  Vermont had the nation’s smallest electricity-based carbon footprint in the nation before the Vermont Yankee contract expired in 2012. Vermont’s carbon footprint then rose when our utilities became more reliant on fossil-fuel reliant New England “grid” power. (It then shrank some, in part because Vermont utilities bought more out-of-state nuclear power and developed the region’s best energy conservation program.)

Second, natural gas has led to almost 50% reductions in New England electricity carbon emissions since 2008. It’s a huge if little-known success story: natural gas replaced coal and oil as primary fuel sources for New England power plants. In a recent Real Vermont News post, former legislator Bob Frenier and I describe how it happened.

Renewable power opponents diminish this reduction as “incremental” and say Vermont must go all-in with renewable energy for electricity, heat and transportation. They also worry that building new natural gas distribution pipelines will “lock in” Vermont to natural gas heat for the rest of the century. That’s why they are trying to ban pipeline extensions.

To these objections, advocates of market-based low-emissions respond: 50% is one heckuvan incremental change Renewable energy on a grid level is not (yet) affordable and reliable Low-cost natural gas heat and electricity can help cover smart zero-carbon power improvements and additions Pipeline bans could increase carbon emissions. They could drive many Vermonters to burn higher-carbon heating oil, which must be transported to them by carbon-emitting trucks. Pipeline bans, like nuclear power plant closings, reduce competition for the renewable power industry but do not reduce emissions.    * * * * *

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