GOP support needed for carbon tax to fly: Treasury aide
Reuters: The ball is now in the court of Republicans if the Obama administration is to consider including a carbon tax as part of fiscal reform efforts, a U.S. Treasury official said on Tuesday.
Gilbert Metcalf, deputy assistant secretary for environment and energy, said the White House has no specific plans in the works to introduce a charge on carbon dioxide emissions from the burning fossil fuels.
The idea of charging industries a fee for each ton of carbon dioxide emitted as a way to lower the deficit…
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