According to the EIA, emissions total 120.6 pounds of CO2 per thousand cubic feet, i.e., 60.3 tons per million cubic feet, so a tax of $100 per ton of CO2 translates to a tax of $6.03 per 9L0 509 thousand cubic feet of natural gas. At a price of between $4 and $10 per thousand cubic feet, a tax of $100 per ton of CO2 would raise natural gas prices by 60–150%.
For the purpose of looking at electricity generation: emissions total 117.08 pounds of CO2 per million BTUs, 9L0 402 so a tax of $100 per ton of CO2 translates to a tax of $5.854 per million BTUs.
Thursday, September 4, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment