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Biden gives Earth ‘climate stability’ through higher gas prices according to New York Times OpEd in 2012 – NYT claims sharp rise in gas prices will ‘lead to climate stability’


From Climate Warehouse

The 2012 NYT OpEd announced a carbon tax with higher gas prices would not only lead to “climate stability” but also prevent the “end of [to] life as we know it.” …If Frank’s claims from 2012 are true, Earth’s climate should be in a perfect “stable” state as gas prices have skyrocketed since President Joe Biden became president. If the New York Times claim is true, President Biden has officially addressed the “climate change” issue with gas prices. burn higher than his.

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But in 1976, the New York Times claimed a warmer climate produces climate stability. See:Flashback to 1976: NYT: ‘Cool periods make climate more unstable. Subsequent climate events were more extreme’

Via: Marc MoranoTotal climate inventoryMay 27, 2022 1:04 pm with 0 comments

A 2012 New York Times OpEd by Cornell University economist Robert H. Frank in 2012 NY Times claimed a $300 a tonne carbon tax that raised gas prices by several dollars per gallon would “lead to stabilization.” climate”. Frank, written in the New York Times on August 25, 2012declare that we can tax our way on the climate we want.

The 2012 NYT OpEd announced a carbon tax with higher gas prices would not only lead to “climate stability” but also prevent the “end of [to] life as we know it.”image.png

Economist Frank explains in the NYT: “Initial studies by the Intergovernmental Panel on Climate Change estimated that a carbon tax of up to $80 per tonne of emissions – a tax that could increase the price of gasoline. 70 cents a gallon– will eventually lead to climate stability. But as recent estimates of global warming become more pessimistic, stabilizing could require much higher taxes. Is it hard to live with a tax rate of, say, $300 a ton? ”

If Frank’s claims from 2012 are true, Earth’s climate will be in a perfect “steady state” as gas prices have skyrocketed since President Joe Biden became president in 2021, more than twice as high. double the pump price. If Frank’s claims from the New York Times are true, President Biden has officially addressed “climate change” with his higher gas prices.

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Biden gas price hike chronology – Up, up, up ‘from the first day Biden took office’– From December 2020 to March 2022, the average monthly US price of unleaded regular gasoline doubled.

America’s Biden: Gasoline prices hit record highs again, up 11 cents last week

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But in 1976, the New York Times claimed a warmer climate produces climate stability. See:

Flashback to 1976: NYT: ‘Cool periods make climate more unstable. Subsequent climate events were more extreme’

The magic of the carbon tax! Economist Herman E. Daly also claimed a carbon tax would bring “climate stability”. “And the most important public benefit served by a carbon tax will be climate stability, brought about by reducing the use of carbon fuels and encouraging the invention of less carbon-intensive energy sources.” (Source) – Herman E. Daly, professor in the School of Public Policy at the University of Maryland, author of Eco-economics, Economic steady state, Earth Value: Climate change: From ‘Know how’ to ‘Do it now’Grist, August 14, 2007.

Related Links:

NYT OPED’s 2012 flashback analysis: Why a carbon tax is still a bad idea – Via Kenneth P. Green

2012 NYT OpEd Urges Us To Tax Our Way On The Climate We Want! A carbon tax would lead to ‘climate stability’ and prevent ‘the end’ [to] life as we know it ‘- Claims big gas price hike ‘will eventually lead to climate stability’

The early studies of Intergovernmental Panel on Climate Change estimates that a carbon tax of up to $80 per tonne of emissions – a tax that can drive up the price of gasoline 70 cents a gallon – will eventually lead to climate stability. But as recent estimates of global warming become more pessimistic, stabilizing could require much higher taxes. Is it hard to live with a tax rate of, say, $300 a ton?

If such taxes were to be gradually reduced, the prices of goods would gradually increase in proportion to the amount of carbon dioxide they produce or use. For example, the price of gas will slowly rise to less than $3 a gallon. Motorists in many countries pay more than Americans, and they seem to have adapted by driving significantly more efficient vehicles.

A carbon tax would also serve two other goals. First, it will help balance future budgets. Tens of millions of Americans will retire in the coming decades, and so many budget experts agree that the federal budget cannot balance just spending cuts. We will also need substantial additional revenue, most of which can be generated from a carbon tax.

Prof. Frank’s columns in the NY Times Sunday business column:

Reducing CO2 emissions would actually be surprisingly easy. The most effective remedy would be a carbon tax, which would increase the after-tax prices of goods proportional to the size of their carbon emissions. Gasoline will become more expensive, piano lessons won’t. … [W]I can insulate myself from disaster [climate] risk a relatively modest cost by enacting a high carbon tax. The early studies of Intergovernmental Panel on Climate Change estimates that a carbon tax of up to $80 per tonne of emissions – a tax that can drive up the price of gasoline 70 cents a gallon– will eventually lead to climate stability. But as recent estimates of global warming become more pessimistic, stabilizing could require much higher taxes. Is it hard to live with a tax rate of, say, $300 a ton? … Silence on carbon tax, due to passing eventsAugust 25, 2012)



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