• Privacy Policy
  • About Us
  • Contact Us
Climate Change Dispatch
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
Climate Change Dispatch
No Result
View All Result

Consumers, Not ‘Polluters’, Would Be Hardest Hit By California’s Latest Climate Tax Folly

by Wayne Winegarden
May 31, 2024, 9:04 AM
in Extreme Weather, Lawfare, News and Opinion
Reading Time: 4 mins read
A A
3

gov newsom

SB-1497, the Polluters Pay Climate Cost Recovery Act of 2024, purports to “require fossil fuel polluters to pay their fair share of the damage caused by the sale of their products…to relieve a portion of the burden from climate harms that is borne by California taxpayers.” [emphasis, links added]

The premise of this Act is theoretically flawed. If implemented, it will impose huge costs on Californians.

Theoretical Failings Undermine The Act’s Practicality

The Act attempts to measure the fair share of the damage from fossil fuels by only considering fossil fuel’s negative externality of greenhouse gases.

Fossil fuels also create positive externalities, such as improved health and greater prosperity. Any assessment of the damage from fossil fuels cannot perform a partial accounting but must measure both the positive and negative externalities, which the Act does not attempt to do.

The Act also claims that the costs of global climate change have been realized, but most estimates refer to costs that “could” occur in the future.[1]

In other words, these are not actual damages that have occurred – they are potential damage estimates that could occur. It is impossible to determine the “fair share” of an unknown cost that will only occur at some later date.

Further, attempts to assign blame to one part of one industry (i.e., U.S. oil producers) will result in tenuous estimates.

There are many contributors to emissions both domestically and across the globe. How consumers use fossil fuels also matters.

These complexities will confound any attempt to accurately assign the costs of global climate change to the targeted producers.

Due to these inherent problems, the concept that there is a “fair share” of the damage caused by “fossil fuel polluters” is vacuous.

Taxes On Fossil Fuel Producers Will Impose Large Economic Cost On Californians

Beyond the proposal’s theoretical failings, imposing these costs on fossil fuel producers is economically destructive.

While no precise fee has been proposed, presumably the government would devise some type of penalty that depends on the volume of production since that is the relevant nexus.

A government-imposed cost on fossil fuels that increases with output will operate like a carbon tax.

This new carbon tax will be in addition to all the state’s other climate programs including the cap-and-trade program that is growing in its stringency, zero-emissions vehicle regulations, renewable energy source requirements, and low-carbon transportation fuels standards.

It is well documented that imposing what is essentially a carbon tax will have dire effects on the state’s economy.

Studies typically show that a significant share of the costs from carbon tax proposals such as SB-1497 are passed along to consumers through higher prices.[2]

Worst, the higher prices and slower growth will impose larger burdens on lower-income families.

The higher prices will worsen California’s affordability crisis, driving away families and contributing to the state’s homelessness crisis.

It is also ironic that a bill that is supposed to mitigate the “climate harms that [are] borne by California taxpayers” is imposing large burdens on the very taxpayers who it is supposed to help.

Beyond the higher prices, the proposal sends another strong signal to other industries that California is hostile to business.

Numerous studies have examined the economic consequences of implementing a carbon tax. These studies find a negative relationship between more burdensome carbon taxes and economic growth.[3]

While studies often estimate that the adverse economic consequences from carbon taxes can be reduced by implementing equivalent broad-based income tax reductions, SB-1497 does not propose any pro-growth tax changes.

5-Year Economic Losses Compared to Baseline (population decline in thousands)

The extent of the economic losses to California will depend on the actual penalties the state imposes, which is unknown.

To get a sense of the potential impacts, we apply the results from Kanzig (2023), which estimated how the carbon taxes that have been imposed in Europe impacted real GDP.

Applying these real GDP losses to California, SB-1497 would, over 5-years, reduce the growth in total economic activity by around $65 billion, dampen average household income growth by $1,120, lower job growth by 213,000, and increase the exodus from California by 29,700 people.

Since a specific cost estimate from the Act has not yet been provided, the estimated real GDP impacts from Europe are applied to provide perspective on the types of impacts that will likely occur.

Based on these impacts, Californians should expect large adverse consequences from SB-1497 that include slower economic growth, fewer jobs, and smaller incomes that harm lower-income and working families the most.

Read rest at PRI

  • Truth
  • Twitter
  • Facebook
  • LinkedIn
  • Gettr
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…

Popular Posts

Electric Vehicles (EVs)

The ‘Green’ Scam Of The Century: How ‘Renewables’ Increase Fossil Fuel Demands

Oct 23, 2024
News and Opinion

Antarctica Is Colder, Icier Today Than At Any Time In 5,000 Years

Apr 15, 2024
Energy

30-Plus Signs That The Climate Scam Is Collapsing

Apr 09, 2025

Comments 3

  1. David Lewis says:
    1 year ago

    I will again point out that the three reasons for starting the Global Warming Movement were to increase the size and power of government, force deindustrialization by making energy scarce and expensive, and an excuse to create new taxes and increase existing ones. Other agendas that can’t make it on their own merit quickly joined. The fact that there is poor correction between carbon dioxide levels and temperature and that CO2 is beyond its saturation point have to be ignored.

    SB-1497 collects taxes based on estimated future impacts of emissions. This is the same basis as the law suits against the energy companies. An honest method would not only consider the benefits of carbon dioxide and warming, but also limit the tax to cover the expenses as they happen. The law can’t do this because the projected additional damages will not happen.

    Reply
  2. Sonnyhill says:
    1 year ago

    Without help from the San Andreas fault, California has metaphysically slid into the abyss. Can Gavin Newsom get any more greasier and sluttier ? Of course he can. Like the scorpion said to the frog, “It’s my nature” .

    Reply
  3. SPURWING PLOVER says:
    1 year ago

    Governor Nuisance with Sawdust for Brains comes up with real whopper

    Reply

Comments are welcome! Those that add no discussion value may be removed.Cancel reply

Stay Connected On Social Media

gab-logo

Donate Today

Beating back the alarmist narrative takes time and money. Please donate today to help!

Recent Posts

  • 1930S Dust BowlBloomberg’s Climate Alarm Misfires: U.S. Heat Records Show 1930s Still Hottest
    Oct 10, 2025
    New data challenges Bloomberg’s heat claims, showing U.S. temp records peaked in the 1930s, not the modern era, despite climate alarmist narratives. […]
  • Rinderknecht facebook postSuspected Pacific Palisades Firebug Ranted Online About Trump, Climate Change
    Oct 10, 2025
    The alleged firebug behind the Pacific Palisades fire ranted online about climate change, Trump, Antarctic ice, and plant-based diets. […]
  • Solar panel farmBLM Cancels Mammoth Nevada Solar Project Under Trump’s Energy Agenda
    Oct 10, 2025
    BLM pulled the plug on a massive Nevada solar power project amid the Trump administration’s crackdown on renewable energy projects. […]
  • North Sea Wind FarmScientists Warn EU’s Net Zero Push Fueling Green Colonialism In Poor Countries
    Oct 10, 2025
    Scientists warn the green energy push risks exploiting developing nations, draining resources, and worsening global inequality under climate action. […]
  • Leonardo DiCaprio and his megayacht‘Green Antoinettes’ Preach Sacrifice While Jetting Off In Luxury
    Oct 10, 2025
    From Leo DiCaprio to AOC, celebs and politicians moralize about climate austerity while jetting off in luxury, fueling public backlash. […]
  • city underwaterYahoo News Pushes False Claim Cape Coral Will Vanish Under Rising Seas
    Oct 9, 2025
    Yahoo News amplified a false claim that Cape Coral will vanish under rising seas, ignoring NOAA tide data showing only a modest, steady sea level trend. […]
  • Santa Ynez Reservoir and hydrantLAFD After-Action Report Omits Empty Reservoir’s Role In Palisades Fire
    Oct 9, 2025
    LAFD’s Palisades Fire report cites firefighting issues but leaves out how the empty Santa Ynez Reservoir worsened the disaster. […]
  • Palisades FireDemocrats, Media Falsely Blamed Deadly California Fire On Climate Change—It Was Arson
    Oct 9, 2025
    The Feds say a man intentionally set the Palisades Fire, undermining claims from Democrats and media that climate change and oil companies were to blame. […]
  • Pope ice blessingPope Leo’s Arctic Ice Blessing Eroding Church’s Spiritual Mandate
    Oct 8, 2025
    Pope Leo’s Arctic ice blessing exposed how diving into climate politics erodes the Church’s spiritual authority and aligns it with radical agendas. […]
  • Offshore oil rigFederal Judge Rules Biden’s Massive Offshore Oil And Gas Ban Was Illegal
    Oct 8, 2025
    A federal judge ruled Biden overstepped his authority when he blocked offshore oil and gas drilling across 625 million acres, overturning his permanent ban. […]

Get Instant Email Notifications

Subscribe to receive a digest of daily stories, or get emailed once they're published. Check your Junk/Spam folder for a verification email.

Submit a tip

Please enter your email, so we know you're human.

Books You May Like

exposing great lie

Have a suggestion? Let us know! We swap out books based on your input. We participate in the Amazon Services LLC Associates Program. See here.

  • About
  • Privacy Policy
  • Contact Us

© Portions copyright Climate Change Dispatch

No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us

© 2025 Climate Change Dispatch

Share via
  • Facebook
  • Like
  • Twitter
  • Pinterest
  • LinkedIn
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky
Share via
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky