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Page added on December 6, 2013
The List of Companies Preparing for a Carbon Tax Keeps Growing
But . . . whether the U.S. and more governments will focus their nation’s economic priorities on a cleaner energy future and a healthier environment with a carbon tax or cap and trade program seems as bleak as ever. But for how much longer?
If you know of others, help me keep track here of companies incorporating a carbon price into their strategic planning by commenting on this post or emailing me at: jim@jimpierobon.com.
Based on this week’s report in The New York Times, this year’s carbon pricing report by CDP (formerly known as the Carbon Disclosure Project) and other sources, this list of 29 mostly U.S.-based companies includes, but is not limited, to:
- Ameren
- American Electric Power
- Apache
- BP
- Chevron
- CMS Energy
- ConAgra Foods
- ConocoPhillips
- Cummins
- Delta Air Lines
- Delphi Automotive
- Devon Energy
- Duke Energy
- DuPont
- Entergy
- ExxonMobil
- General Electric
- Hess
- Integrys Energy
- Jabil Circuit
- Microsoft
- PG&E
- Shell
- Total
- Xcel Energy
- Wal-Mart
- Walt Disney
- Wells Fargo
4 Comments on "The List of Companies Preparing for a Carbon Tax Keeps Growing"
J-Gav on Fri, 6th Dec 2013 11:02 pm
A ‘carbon tax’ and a ‘cap-and-trade program’ are hardly the same thing.
The carbon-credit system has failed miserably (too many credits offered, thus diluting their value to insignificance). We desperately need a world-wide carbon tax NOW but the old capitalist ‘competitive’ argument (along with local resistance from regions which made poor choices in the past – see Brittany in France today for an example) will still try to put that day off. Batten the hatches! Tough times ahead.
DC on Sat, 7th Dec 2013 12:15 am
Crap-and-trade was a hoax all along. It was never meant to ‘reduce’ or mitigate pollution in any way or form, and it didnt. ‘Industry’ loves C+T. They can shufffle paper, offload pollution to the 3rd world(again on paper), and do absolutely nothing at the source. Plus, it has the added bonus that Wall St swindlers got to create a new market for worthless paper.
Carbon taxes otoh, industries hates with a passion. Those penalize pollution either at the source, or end-users, or both. IoW, the taxes are far more effective than the smokescreen Cap and Trade. None of those US corporations are really facing any kind of Carbon tax. Btw, why is no one asking the obvious? Most of the corporations on that list do in fact emit carbon, and lots of it. But that is hardly the only thing they emit. In many cases carbon may be the most benign thing they emit.
This is why I dont like all hysteria about ‘carbon’. Its a wonderful way for US corporations to deflect attention away from a lot of the far more toxic compounds many of them are directly discharging into the environment.Except, the ‘media’ and even a lot of quasi-greens are solely fixated on carbon, to the virtual exclusion of all else. Which I think is just as dangerous as the carbon itself.
GregT on Sat, 7th Dec 2013 6:46 am
We desperately need a worldwide reduction in homo sapiens, if we have any hope at long term survival. Human economics, politics, taxes, and ‘programs’ are irrelevant to the well being of this planet. The sooner we stop dominating the environment, the better the chances will be, for the future survival of all species on this planet.
At this point in time, our species is nothing more than a parasitic infection. We will either be iradicated by our host, or we will kill it.
J-Gav on Sat, 7th Dec 2013 3:27 pm
Agreed, GregT, even a well-conceived Carbon Tax is no more than a band-aid at this point – but better a band-aid that makes the parasite a bit less infectious than nothing at all. No political ‘reform’ can or will cure our ills but if grassroots movements at least pressure their so-called representatives’
into putting vital but neglected issues before the general public, there may be a better chance of mitigating the unavoidable damage.