[…] Our plan, unlike many of the aspirational proposals floating around these days, is grounded in concrete modeling. It’s also backed up by an Emissions Assurance Mechanism, which specifies that the carbon fee will temporarily increase faster if agreed-upon emissions reduction targets are not achieved. Second, the vast majority of Americans will be economic winners...
A group of prominent politicians, economists, and corporate executives is renewing its push in Congress for a plan that would tax carbon and refund all the money to Americans in payments of approximately $2,000 a year for a family of four. As congressional Republicans work to come up with a response to climate change, and Democratic primary voters are...
WASHINGTON – Some the America’s largest corporations are pitching a carbon tax plan to Republicans and Democrats in Congress, enlisting figures including former Federal Reserve chairman Janet Yellen and former Energy Secretary Ernest Moniz to try to sell the proposal. The Climate Leadership Council, which includes companies such as Exxon Mobil, JP Morgan Chase and...
The European Union is ushering in a new era of international trade that could help rein in climate change. Lawmakers for the group of 27 countries adopted rules for taxing imports based on the amount of carbon dioxide that companies emit making those goods. Experts say it’s the first time a major economy has married climate and trade policy, and that it could lead...