The Social Cost of Carbon: The EPA's Stealth Imposition of a Carbon Tax That Will Make Everything More Expensive and Less Efficient

Roger Bezdek
Roger Bezdek
60 Minutes
Product Id:
6 months

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Price Details
$149 Recorded
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The Social Cost of Carbon (SCC) is being used by EPA, NHSTA, and other Federal regulatory agencies to impose a large de-facto carbon tax on the U.S. economy - a tax that the U.S. Congress would never pass.

Why should you Attend: The SCC will seriously impact virtually every U.S. industry and company and will do immense economic and financial harm. It will significantly increase the cost of any product or service that uses energy - which is just about everything. It will radically change the profitability and commercial viability of everything in the economy. The prices of numerous products will be increased significantly, and many firms will have their markets destroyed and will go bankrupt.

The cost of everything will be significantly increased and efficiency degraded: From microwave ovens to electric power plants; from hair dryers to major factories; from vacuum cleaners to new passenger cars and SUVs; from clothes washers to heavy duty trucks; from oil refineries to dry cleaners. For example: A new microwave oven that would ordinarily sell for $150 would cost $200; a new vacuum cleaner that would sell for $300 would cost $400 - and not work as well; a new light duty truck that would sell for $35,000 would cost over $50,000 - and would have less capacity and power; etc.

Areas Covered in the Session:

  • What is the SCC
  • How is it computed
  • How can EPA get away with imposing a large tax that Congress will not enact
  • Why is it a de facto tax
  • Why the Federal government can continually increase the SCC without Congressional approval
  • How the SCC will increase costs and prices
  • What does the SCC imply for specific products
  • What does the SCC imply for specific industries, firms, and companies
  • Why the SCC poses a grave threat to so many industries and companies
  • What does the SCC imply for new marketing and sales strategies
  • What, if anything, can be done about it

Who Will Benefit:
  • Upper and middle management
  • Company CEOs, CFOs, and presidents
  • Strategic planners and risk management officers
  • Corporate advisors and board members
  • Industry and professional associations
  • State and local government officials
  • Partners of major law firms

Speaker Profile
Dr. Bezdek has over 30 years experience in consulting and management in the energy, utility, environmental, and regulatory areas, serving in private industry, academia, and the Federal government, and is the founder and president of Management Information Services, Inc. - a Washington, D.C.-based economic, environmental, and energy research firm.

His consulting background includes energy technology and market forecasting, oil, coal, natural gas, renewable, and nuclear energy analyses, assessment of DOE energy R&D programs, estimation of the costs and benefits of energy systems, assessment of the economic effects of environmental and energy technologies, energy industry forecasting, environmental impact assessments, and creation and management of Federal energy programs.

Dr. Bezdek has also served as Corporate Director, Corporate President and CEO, University Professor, Research Director in ERDA/DOE, Senior Advisor in the Office of the Secretary of the Treasury, U.S. energy and environmental delegate to the European Community and to NATO, and as a participant in the U.S. State Department AMPART program. He has served as a consultant to the White House, the Office of Al Gore, Federal and state government agencies, and various corporations and research organizations, including the National Science Foundation, NASA, DOE, DOD, EPA, NHSTA, IBM, National Coal Council, Ceres, Goldman Sachs, Raytheon, Peabody Energy, Lockheed Martin, J. P. Morgan Chase, Ontario Power Generation, British Aerospace, American Solar Energy Society, the Rockefeller Foundations, UN Environmental Program, Pew Charitable Trusts, National Energy Technology Laboratory, Electric Power Research Institute, Edison Electric Institute, Georgetown Climate Center, and Nuclear Energy Institute.

During 2003/04, he served on the Federal Task Force charged with rebuilding the economy of Iraq. He is active with the National Research Council of the U.S. National Academies of Science (NAS), and served as a member of the joint NAS/Chinese Academy of Sciences Committee on U.S.-Chinese Energy Cooperation and on the NAS Committee on Fuel Economy of Medium and Heavy Duty Vehicles. During 2008, he presented energy briefings to the staffs of Senators Barack Obama, John McCain, and Hillary Clinton.

He received his Ph.D. in Economics from the University of Illinois (Urbana), is an internationally recognized expert in environmental and energy analysis and forecasting, and testifies frequently before the Federal, state, and city governments. He is the author of six books and over 300 articles in scientific and technical journals and serves as an editorial board member and peer-reviewer for various professional publications.

He is the recipient of numerous honors and awards (including awards from the White House, the Energy Department, the Treasury Department - Secretary's Honor Award, ASPO - M. King Hubbert Award, the National Science Foundation, the Wall Street Journal, the Association for Computing Machinery, and the USSR Academy of Sciences), has served as a U.S. representative to international organizations on energy and environmental issues, and lectures frequently on economic and energy issues, economic forecasting, and environmental topics. He is the Washington editor of World Oil magazine. His most recent book is The Impending World Energy Mess.

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