The Truth About Carbon Taxes – Mike Mauceli, Daren Bakst

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In this episode of 'The Energy Show with REI Energy,' host Mike Maucelii discusses the implications of a potential carbon tax with Daren Bakst, the Director of the Competitive Enterprise Institute Center for Energy and Environment. The conversation delves into the Biden administration's plans for carbon taxation, the PROVE IT Act, and the broader push for green policies. Baxt shares his concerns about the economic impact of these initiatives, including higher costs for consumers and potential blackouts. They also touch on the legislative process, accountability in governance, and the global context of climate policies. Tune in to understand what this could mean for American families and businesses.

00:00 Introduction to the Energy Show
00:21 Understanding Carbon Tax
01:54 Legislation and Carbon Tax
03:35 Impact on Energy and Economy
04:14 Global Perspectives and Comparisons
06:24 Political Implications and Future Outlook
10:45 Challenges and Practical Concerns
21:01 Call to Action and Conclusion


Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

Cameron Long

  • @millionize says:

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  • @PickleballWanderer says:

    Carbon tax should be voluntary and tax deductible 😂

    • @scotttovey says:

      Carbon tax will be involuntary for the poor, and tax deductible for the rich.

      Bill gates is already practicing getting carbon credits which is nothing more than carbon being deductible for the rich.

      The poor never get tax deductions. They either do not earn enough money to pay taxes, or they don’t own real estate which allows certain items to be deducted from taxes.

      However, if you are under 65 and on retirement, the SSA will gladly take your entire monthly retirement payment, whether you make money or not, for doing nothing more than working 45 hours on your business in the given month. Thus, the poor will pay a hefty tax for trying to be self employed.

      Don’t you just love this war against the poor?

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    Money is not meant to control people rather it is meant to be put to work producing more money for you. You cannot build wealth without putting money in its rightful place.

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  • @JP-up3ok says:

    How do we stake a claim / get mining rights on carbon?

  • @briansnyder9012 says:

    Most Americans don’t even know what carbon is . that’s the biggest problem

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