Fight climate change by taxing 'McMansions,' U.S. Congressman says

authordefault
onAug 10, 2007 @ 10:25 PDT

John Dingell, chair of the House Energy and Commerce Committee, said he will call for an economy-wide tax of about $100 per ton of carbon dioxide emissions, a cap-and-trade system, and extra funding for research on renewableย energy.

But his most controversial call was for slashing the mortgage-interest deduction for โ€œMcMansions,โ€ defined as homes larger than 3,000 square feet and that use more energy than smallerย houses.

โ€œThese are all new ideas,โ€ Dingell said. โ€œI know I’m going to catch hell for them,โ€ but โ€œif we are serious about global warming, we need to reduce consumption by making it moreย expensive.โ€

Not surprisingly, home-contracting firms criticized Dingell’s proposal as misguided and economicallyย detrimental.

authordefault
Admin's short bio, lorem ipsum dolor sit amet consectetur adipisicing elit. Voluptate maxime officiis sed aliquam! Lorem ipsum dolor sit amet consectetur adipisicing elit.

Related Posts

Analysis
onNov 24, 2025 @ 09:00 PST

Critics say new LNG ventures in British Columbia saddle Indigenous communities with debt, opaque ownership structures, and financial risk that could leave them owing billions.

Critics say new LNG ventures in British Columbia saddle Indigenous communities with debt, opaque ownership structures, and financial risk that could leave them owing billions.
onNov 24, 2025 @ 07:38 PST

Campaigners have highlighted the irony of the Tory peer warning about threats to free speech at a think tank bankrolled by a repressive regime.

Campaigners have highlighted the irony of the Tory peer warning about threats to free speech at a think tank bankrolled by a repressive regime.
Analysis
onNov 21, 2025 @ 16:13 PST

Corporate pledges to fight deforestation by turning degraded pasture into cropland seen boosting demand for harmful chemical inputs.

Corporate pledges to fight deforestation by turning degraded pasture into cropland seen boosting demand for harmful chemical inputs.

As the New York-based firm was preparing to work on the climate summit, it was also pushing for Brazilian oil and gas distributor Vibra Energia to help power it.

As the New York-based firm was preparing to work on the climate summit, it was also pushing for Brazilian oil and gas distributor Vibra Energia to help power it.