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.

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

on

Lobbyist Stewart Muir of Resource Works goes unmentioned in a recent article about a Competition Bureau clash over online fracking photos.

Lobbyist Stewart Muir of Resource Works goes unmentioned in a recent article about a Competition Bureau clash over online fracking photos.
on

Voters recoil at Farageโ€™s fossil fuel funding.

Voters recoil at Farageโ€™s fossil fuel funding.
on

The Reform UK leader has addressed several anti-climate outfits with ties to Donald Trump โ€“ while making nearly ยฃ1 million on top of his MPโ€™s salary.

The Reform UK leader has addressed several anti-climate outfits with ties to Donald Trump โ€“ while making nearly ยฃ1 million on top of his MPโ€™s salary.

Polluting dairy industry accused of using โ€œhighly unethicalโ€ marketing to pass off ultra-processed โ€œpoor quality by-productsโ€ as milk.

Polluting dairy industry accused of using โ€œhighly unethicalโ€ marketing to pass off ultra-processed โ€œpoor quality by-productsโ€ as milk.