Starts at 39:50 minutes into Tucker Carlson interview.
A $240 PER GALLON GAS TAX TO FIGHT GLOBAL WARMING? NEW UN REPORT SUGGESTS CARBON PRICING
11:50 AM 10/08/2018 | ENERGY
Michael Bastasch | Energy Editor
A new U.N. report suggests a $240 per gallon gas tax equivalent is needed to fight global warming.
The U.N. says a carbon tax would need to be as high as $27,000 per ton in the year 2100.
A United Nations special climate report suggests a tax on carbon dioxide emissions would need to be as high as $27,000 per ton at the end of the century to effectively limit global warming.
For Americans, that’s the same as a $240 per gallon tax on gasoline in the year 2100, should such a recommendation be adopted. In 2030, the report says a carbon tax would need to be as high as $5,500 — that’s equivalent to a $49 per gallon gas tax.
If you think that’s an unlikely scenario, you’re probably not wrong. However, it’s what the Intergovernmental Panel on Climate Change’s report, released Sunday night, sees as a policy option for reducing emissions enough to keep projected warming below 1.5 degrees Celsius.
The IPCC’s report is meant to galvanize political support for doubling down on the Paris climate accord ahead of a U.N. climate summit scheduled for December. The report calls for societal changes that are “unprecedented in terms of scale” in order to limit future global warming to below 1.5 degrees Celsius, the stretch goal of the Paris accord.
In order to effectively keep future warming below 1.5 degrees Celsius, the IPCC says carbon taxes would need to range from $135 to $5,500 per ton in 2030, $245 to $13,000 per ton in 2050, $420 to $17,000 per ton in 2070 and $690 to $27,000 per ton in 2100.
To meet the goals of the Paris accord, which seeks to limit future warming to below 2 degrees Celsius, the IPCC says carbon taxes would have range between $10 and $200 in 2030 and $160 and $2,125 in 2100…
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