More Murmurings of a Carbon Tax
Jul 31, 202057.5K Shares1.7M Views
The Congressional Budget Office said yesterday that a carbon tax is the most economically effective way to battle climate change, reports Environment & Energy Daily. A CBO studyrequested by Senate Energy and Natural Resources Chairman Jeff Bingaman (D-N.M.) found that a carbon tax would be more efficient than market-based, cap-and-trade systems.
This is bad news to many members of Congress who have been fending off such a measure, which will make them unpopular with major industry players.
Read the full report.
Paula M. Graham
Reviewer
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