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

authordefault
on

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.

Related Posts

on

Critics say that as the climate crisis worsens, Aberdeen Science Centre is sending the wrong message by partnering with the Norwegian oil major.

Critics say that as the climate crisis worsens, Aberdeen Science Centre is sending the wrong message by partnering with the Norwegian oil major.
Analysis
on

Backing massive gas-burning data centres is no way to build a cleaner, more connected electricity system.

Backing massive gas-burning data centres is no way to build a cleaner, more connected electricity system.
on

Nigel Farageโ€™s anti-net zero policies will do nothing to help struggling farmers, say campaigners.

Nigel Farageโ€™s anti-net zero policies will do nothing to help struggling farmers, say campaigners.
on

Brian O'Neill asked the State Department attorney to set up meetings with state and federal officials that would clear the way for his project's gas power plants.

Brian O'Neill asked the State Department attorney to set up meetings with state and federal officials that would clear the way for his project's gas power plants.