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HomeTax

Tax

court
Climate Crisis

Pa. court rules climate program is an illegal tax, says state cannot join RGGI

November 3, 2023 Mariel Alumit

Commonwealth Court is stopping Pennsylvania’s effort to join a cap-and-trade program targeting power plant emissions. Joining the Regional Greenhouse Gas Initiative was Gov. Tom Wolf’s signature climate policy. Under RGGI, power plants must pay for each ton […]

tax
Climate Crisis

Liberals walk back carbon tax amid declining poll numbers

October 30, 2023 Mariel Alumit

On October 26, Trudeau announced a three-year tax freeze for oil used to heat residential buildings, as well as the doubling of the rural reprieve to the carbon tax rebate. Prime Minister Justin Trudeau has […]

ENB Tis the Season for Taxes Live Webinar
ENB Contributor Column

ENB #143 Tis the season for Taxes. Unabashed discussion on upcoming deadlines

October 27, 2023 Mariel Alumit

Mark Perlberg, CPA, Rey Trevino, Oil Executive, and Stu Turley discuss the looming tax season. Several key points from the discussion revolve around tax planning and the downward-trending real estate market. This was a fun […]

Carbon
Carbon Capture

Most ‘Carbon Offset’ Schemes Are ‘Worthless Junk,’ Report Finds

October 9, 2023 Mariel Alumit

An investigation into the growing industry of “carbon offset” schemes has found that most of these “green” projects are “likely junk or worthless.” The UK’s left-wing Guardian newspaper launched a joint investigation with Corporate Accountability, […]

Climate Crisis

Daily Energy Standup Episode #223 – Ireland’s LNG Rejection, ESG Realism, and Renewables Debate

October 5, 2023 Andy Del Prado

Daily Standup Top Stories Ireland Rejects LNG Terminal Project on Climate Grounds October 3, 2023 Allen Santos Amid Europe’s angst over energy security, Ireland has made one of the boldest moves of any nation on the continent in […]

EU
Climate Crisis

EU Launches Carbon Border Tax To Push Greener Global Trade

October 4, 2023 Mariel Alumit

Starting 2026, EU importers and non-EU exporters will face a levy on emissions linked to their products, echoing the EU Emissions Trading System. The carbon tax aims to promote green technologies and may exempt imports […]

Solar
Electrical Generation / Utilities

Solar, Wind Energy Get Hundreds Of Times More Tax Incentives Than Oil And Gas

October 2, 2023 Mariel Alumit

Over the last 10 years, domestic solar capacity in the United States has grown 13-fold. Considering the amount of federal support the industry receives, that should be no surprise. Using data from the U.S. Energy […]

ExxonMobil
Big Oil Companies

ExxonMobil lobbies Biden administration for tax credits for hydrogen made from natural gas

September 28, 2023 Mariel Alumit

(Bloomberg) – ExxonMobil Corp. is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for some of the most lucrative subsidies available in the President’s signature climate law, pushing for billions […]

California
Downstream

Why Are Gas Prices So High In California?

September 27, 2023 Mariel Alumit

In 2012, the retail price of gasoline was about 30 cents higher in California than in the rest of the country. This difference rose to well over $2 per gallon earlier this fall, when gasoline […]

Finance

Despite Federal Tax Hikes, Revenues Are Way Down – Here Are 5 Reasons Why

September 12, 2023 Mariel Alumit

Authored by Preston Brashers via The Epoch Times, Just because the government raises taxes, doesn’t necessarily mean it will raise more revenues. The Biden administration is discovering that the hard way. In August 2022, President […]

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