PBS Newshour on Washington’s Proposed Carbon Tax
April 22, 2016
One state, at least, has a proposal to put a price on carbon.
The proposal in question is not the clean revenue-neutral proposal, as advocated by Citizen’s Climate Lobby and other groups. Under that idea, revenues would not go to the government, but would pass directly thru to taxpayers in the form of a rebate.
In Washington’s proposal, the revenues go to lower other taxes.
Perhaps due to the proposed allocation of revenues, strange alliance of disparate groups has risen to oppose the initiative. In addition, can a “one state” solution have an impact in a 50 state economy, and a diverse international community?
The report above raises several questions about whether this is the right approach.