Bernie Sanders has long been a champion of a carbon tax as a way to accelerate the transition off fossil fuels. He co-introduced a bill to tax carbon in 2013 that would have distributed 60 percent of the revenue back to consumers, he ran for president on taxing carbon in 2016, and he successfully pushed for language in the Democratic Party platform that year in support of the idea.
Also, is cap and trade dead forever? Some economists prefer it to a carbon tax because the cap can control the amount of emissions better. If you set the level of the carbon tax wrong you could end up with a lot more emissions than you planned for.
Also, is cap and trade dead forever? Some economists prefer it to a carbon tax because the cap can control the amount of emissions better. If you set the level of the carbon tax wrong you could end up with a lot more emissions than you planned for.
Do you think a climate change plan could be successful without a carbon tax? Is it a necessary component? A nice-to-have component?