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

Briefing notes obtained by DeSmog reveal the Carney government had major knowledge gaps about CCS even as it made the technology central to its climate plan.

Briefing notes obtained by DeSmog reveal the Carney government had major knowledge gaps about CCS even as it made the technology central to its climate plan.
Analysis
on

Leaders of the Alberta separatist movement are insisting they do not want to become the U.S.โ€™s 51st state, but their actions (and own words) say otherwise.

Leaders of the Alberta separatist movement are insisting they do not want to become the U.S.โ€™s 51st state, but their actions (and own words) say otherwise.
on

Opponents of climate action are taking advantage of the AI boom to attack the governmentโ€™s clean energy goals.

Opponents of climate action are taking advantage of the AI boom to attack the governmentโ€™s clean energy goals.
on

A new report has found that โ€œthe promises of planet-saving tech remain hollowโ€.

A new report has found that โ€œthe promises of planet-saving tech remain hollowโ€.