Obama Calls For New Oil Tax

Living on Earth

President Obama recently called for a $10 per barrel fee for oil as part of his latest budget proposal. Such a tax is unlikely to make i make it through the current Republican-led Congress, but Oil Change International’s Steve Kretzmann tells host Steve Curwood that it as well a Democratic bill to end the leasing of public lands for fossil fuel extraction sends a powerful message about the need to decarbonize economy. (published February 19, 2016)

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