Joined: 01 Sep 2007
Posts: 2445 | TRs
Location: Sequim WA
|Interesting discussion there...
Ms. Sharp (pres of Quinault Business Council) claims "big oil" will pay this fee, not consumers! The fee will start at 14 cents/gallon in 2020, and rise to 56 cents over 15 years.
The net operating margin for oil refineries was 1.92% in the last quarter, or 5 cents/gallon of the wholesale price. If refiners absorb the carbon fee as Fawn claims, they'll be operating at a big and growing loss, with 3 possible outcomes: WA refineries would (1) export all refined products to market out-of-state or (2) shut down or (3) go bankrupt.
I do so wish for a CLEAN carbon tax that would pay for education, health, public safety and public transportation. Not this "fee" to a new bureaucracy running programs of dubious merit which, based on BC's experience, will be ineffective.
(One of those programs is 5% set-aside to coastal tribes such as the Quinault and Quileute to pay for relocation out of tsunami zone, and who just received a $44 million Federal grant for that purpose. Of course, I'm sure this would has nothing to do with Ms. Sharp's campaign for I-1631.)
Quileute Tribal School
construction cost $44.1 million, cost/student $558,000
students 79, staff 36, teachers 22, student/teacher ratio 4
National average school construction cost/student $38,718
Washington state average student/teacher ratio 19
"of all the paths you take in life, make sure a few of them are dirt" - John Muir
"the wild is not the opposite of cultivated. It is the opposite of the captivated” - Vandana Shiva