Carbon Taxes, Cap-and-Trade Getting Another Look in US
Voice of America reports on the carbon tax and speaks with Marlo Lewis on the effect such a tax would have.
Regardless of what happens in Paris, the U.S. Congress is unlikely to take up the issue. A bid to introduce a carbon market failed in 2010. Opponents said the costs would cripple the economy.
“If there were reductions in carbon dioxide emissions deep enough to perceptibly change climate outcomes, that would require such a horrendous economic sacrifice that the cure would be much worse than the possible disease,” said Marlo Lewis with the Competitive Enterprise Institute, a conservative public policy center.
Read the full article at Voice of America.