“The [1993] ‘Broad Based Energy Tax,’ or Btu tax, proposed in 1993 would have imposed a tax ranging from $0.257 to $0.599 per million Btu on coal, oil, natural gas, nuclear energy, and electricity from hydropower. The tax would not have been imposed on non-hydro renewable energy sources.”
Tributes to the late Glenn R. Schleede this week (here and here) are joined by a piece published in Regulation magazine, published in 2000 by the Cato Institute. “The Backdoor Btu Tax” can apply to a variety of government interventions in the energy economy.
“Political ideas never die, however, they just come back in different forms,” Schleede reminds us. And so hold on to your wallets whenever reading about and analyzing the latest about mandates and rationing schemes with oil, gas, coal, or electricity.…
“Glenn took the time – time he could’ve chose to spend out on the golf course – to put together papers which served as tutorials to help all of us understand the complex terminologies and issues we would have to become familiar with if we were to be successful at deterring the industrialization of our respective regions via the industrial wind scam.”
– Mary Kay Barton (below)
“Glenn Schleede remains, along with Tom Tanton, a mentor first among equals. And he’s the most decent man I know.”
– Jon Boone (below)
“In the most trying debates, Glenn had an uncanny ability to focus on the big picture yet explain nuances to the novice and expert alike. He always shared his knowledge with compassion and passion. ”
– Tom Tanton (below)
Glenn R. …
Editor note: This responds to Professor Dolan’s post yesterday, “Hayek and a Carbon Tax: Response to Bradley, which answered Bradley’s post two days ago, “Hayek was not a Malthusian or Global Tariff Advocate (link to a carbon tax peculiar, errant).” The debate began with Dolan’s original piece, “Friedrich Hayek on Carbon Taxes.”
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…“… let’s add the ‘fat tail’ of the global CO2 blanket protecting against a little ice age or an ice age in the next several hundred years. Why not think of global lukewarming as a short-term positive, and the CO2 blanket as a long-term positive?”
“Classical liberals should be focused on adaptation to climate change, natural or anthropogenic, which is wealth-as-health and free movements of goods and services and people.