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March 12, 2021 Tax Would Start At No Less Than $15 Per Ton, Cap At $60 Per Ton Legislation in the Massachusetts Senate would implement a carbon-dioxide tax beginning in 2023 on the “transportation sector,” 2024 for the “heating and cooling of commercial, institutional, and industrial buildings,” 2025 for “industrial processes,” and 2028 for “residential heating and cooling.” The tax would begin at “not less than” $15 per ton in the first year, and rise by $5 per ton annually until reaching a $60 per ton cap. Each sector of the tax would also contain “rebates or refunds t...

Last month, when severe cold caused millions in Texas to lose power, many voices, including Texas Gov. Greg Abbott, pointed to frozen wind turbines and blamed…

California City Bans New Gas Stations in Latest Climate Change Effort Here’s how this unprecedented restriction will backfire. Wednesday, March 3, 2021 As reported by the San Francisco Chronicle, the city of Petaluma will ban the construction, expansion, rebuilding, and relocating of gas stations after a unanimous vote by the City Council. It does so in hopes of forcibly speeding up the transition to electric cars with the goal of reaching “carbon neutrality,” net-zero carbon emissions, by 2030. Petaluma has become what officials said is the first city in the country to permanently ban...

by Robert Murphy via Mises Amid the controversy over GameStop, many cynics argued that something sinister was clearly afoot because the hedge funds had shorted 138 percent of the outstanding shares. In this article I’ll review that particular claim, as well as another seemingly dubious practice, so-called naked short selling. My conclusion is that shorting more than the total outstanding shares isn’t perverse or fraudulent, whereas naked short selling—depending on the context—might be. A Review of Short Selling Before diving into the specific variants, let me first explain the ...

Climate deniers backed violence and spread pro-insurrection messages before, during, and after January 6 As the mass radicalization wave surged, some individual opponents of climate action may have been swept along by its broad rightward push, propelling them closer to endorsing political violence. On the evening of January 6, 2021, the day of the insurrection at the U.S. Capitol, former coal mining executive Don Blankenship, who ran against Donald Trump as a third-party candidate in the 2020 election, began an all-caps Twitter thread. “Why is it that American politicians and the Ameri...