The Cow Fart Tax……. The next battle in the fight to curb global warming….. Really!

Farting cows and other livestock are a major source of methane emissions into the atmosphere. As a result the EPA is looking for ways to address this greenhouse gas problem. So you won’t be surprised to find out that one of the ways they are considering addressing the problem is through a tax. While I am not sure how this will reduce the gases legislation to impose the tax is working its’ way through a House committee. 

According to Rep. James Sensenbrenner, R-WI., the ranking member of the House Select Committee for Energy Independence and Global Warming, if this bill becomes law it could have a devastating impact on agribusiness. In the absence of a technology based solution for livestock methane emissions the congressman said, “I don’t know if we’re supposed to develop the technology to strap a catalytic converter on the back of a cow”, since a capture and convert strategy would be a more earth friendly solution than a tax, if global warming wasn’t a myth in the first place. (Please see my 4 part series on The Waxman-Markey Climate Change Bill)

In case you are wondering about the cost of livestock farts, the EPA proposal breaks it down like this, $175 a year on every head of dairy cattle in the United States, $80 for beef cattle and $20 per head of hogs. In a recent blog I joked about a methane tax because it seemed so ridiculous, turns out we now live in theater of the absurd. If this bill passes hamburger will replace steak as a luxury item and the price of food will keep going up. Amazing how every “green” initiative has a negative effect on the price of something. President Obama may have promised income tax cuts for 95% of Americans but by the time he is done with his social reengineering, the economy will be in shambles and inflation will be through the roof. Then everyone will wish for the good old days of higher income tax. By the way vegans beware – beans are next! Read more at: 

http://www.businessandmedia.org/articles/2009/20090602135111.aspx

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